April 26, 2012
Oyster Bay-East Norwich school board asks voters to accept 2012-13 budget
On April 17, the Oyster Bay-East Norwich Board of Education voted 7-0 to approve a proposed budget of $50.1 million, which, if passed by school district residents on May 15, will result in a 2.55% tax increase, the maximum allowed for Oyster Bay under the new state tax cap law.
After a public budget hearing on May 1, the school budget vote is scheduled for May 15 from 7a.m. to 9 p.m. at Oyster Bay High School. If the budget fails, the Board has the option of putting it up for a vote again either “at the same numbers” or a reduced amount; or it could immediately adopt a contingency budget with a zero percent tax increase. If the budget fails twice, the contingency budget is automatically effected, resulting in approximately $1.2 million in additional cuts to the schools.