SHERBURNE – The Sherburne-Earlville Board of Education presented a $29,927,444 budget for the 2013-14 school year on Monday, and the public will have an opportunity to vote on the proposed budget from noon to 9 p.m. on May 21 in the elementary school and high and middle school main lobbies.
Work on the budget has been ongoing for some time now, as all of those involved strove to minimize staff reductions and keep the tax levy below two percent, which they did, the tax levy increase for the proposed budget announced as 1.9 percent. The Gap Elimination Adjustment for next year's budget will be an estimated $934,009, much less than the $8 million requested by the state the first year the GEA was implemented.
Two propositions have also been budgeted in for the 2013-14 budget, including an increase in funding for the Earlville Free Public Library – from $2,500 to $12,500 – as well as engaging in a five-year lease for 26 new 66 passenger buses and five lift buses; not to exceed $3,200,000.