Now the District faces a 2% tax levy cap. Carlin explained that the rollover budget -- offering the same programs and services next year -- exceeds the cap by about $844,296. External requirements for retirement contributions and health insurance drive up costs. Other factors include the end of certain federal grants and unfunded mandates (such as private school transportation and some special education provisions). The Board also must confront the additional pressure of flood-related insurance costs.
The overall situation facing the Board is that the cost containment process has become increasingly difficult over time: extensive program reductions and changes in scope of service will be necessary to meet the 2% cap. The Board begins its review process on Saturday, February 4 at 9 AM in the Board room. The meeting is open to the public.