Canisteo Greenwood Continues To Work On the School Budget

February 9, 2016

CANISTEO, NY – The Canisteo-Greenwood Board of Education held their monthly meeting last night and once again the hot topic was the 2016-17 budget. Superintendent Jeremy Palotti did have some estimates. He
said increase in health insurance premiums will be the biggest factor in driving up the budget. “As it stands now, were looking at a 20% increase in health insurance premiums or roughly $550,000 over last fiscal year.” He also noted that state aid has significantly decreased since the 2008-09 school year. “Even though retirements and cost sharing programs will help alleviate expenses, they are still up considerably over last year from $22.5 million to $23.8 million.” The superintendent also says that even if they have a zero percent increase in projected tax levy funds from last year, the tax cap will still be well over 2% and need a super majority to pass.
Also, Superintendent Palotti was pleased to announce that the graduation rate was significantly up from 80% in the 2013-14 school years to 96% in 2014-15. In other news high school Principle Mike Wright had plenty of praise for first year resource office Mark Ahearns and the way he is handling things.