finance

Falls Village finance board asks for spending cuts

FALLS VILLAGE — At the regular monthly meeting Monday, April 8, the Board of Finance asked for spending cuts in the proposed spending plans for 2024-25 from the town and the school board.

The finance board requested a $20,000 reduction from the education proposal and $130,000 from the municipal proposal.

The two boards will meet and return to the finance board with revised proposals. This will require a special meeting of the finance board.

Going into the meeting, total education spending including Region One was $3,722,571, an increase of $101,618 (2.81%), with Lee H. Kellogg School accounting for $2,303,591, an increase of $85,217 (3.84%).

The municipal plan called for $2,372,282, an increase of $124,593 (5.54%).

he bottom line for the Lee H. Kellogg School is $2,303,591, an increase of $85,217 (3.84%).

The town’s Region One assessment for 2024-25 is $1, 418,980, an increase of $16,401 (1.17%).

Total education spending is $3,722,571, an increase of $101,618 (2.81%).

The $17 million Region One budget proposal was the subject of a public hearing April 4, and will go to a referendum vote Tuesday, May 7.

The proposed spending plan for town government in 2024-25 has a total of $2,372,282, an increase of $124,593 (5.54%).

finance

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