GOWANDA - The Gowanda Board of Education has passed its proposed budget for the upcoming school year at a recent board meeting.
The proposed budget which totals $27,388,487 is an increase of $1,050,871 over the current 2012-2013 budget or 3.99 percent. The tax rate will be $31.13 with a tax levy that is a 3 percent increase.
The board of education looked over a budget newsletter which will be sent to all residents within the district and approved the newsletter. Residents will vote on the proposed budget on May 21. If the budget does not pass, the district will have to go to a contingent budget which will include more than $20,000 in cuts, according to Superintendent Charles Rinaldi.
OBSERVER Photo by Samantha McDonnell
The proposed budget for the upcoming school year has been passed by the Gowanda Board of Education. Pictured, from left, are Board member Ann Martindale, Board member Susan Flaherty and Amanda Pickering, clerk to the board of education.
The district recently received money owed from aid. The payment from Native American aid has been received from the district. Rinaldi said the district has received $3.6 million. The district was in the process of setting up a bond anticipation note in case the aid was not received by the end of the current budget year. Since the money was received in full, the district no longer has to take out a BAN.
"We believe with help from the Seneca Nation of Indians and state senators we were able to receive those funds," he said.
Comments on this article may be sent to firstname.lastname@example.org.