Mount Vernon News
 
 
  • July 19, 2011 10:42 am EDT

UTICA — The North Fork Board of Education on Monday unanimously voted to place an emergency operating levy on the November ballot. If passed, the five-year, 6.4-mill levy would raise $1.3 million for each year it is in effect.

Board president Bernie Snow pointed out that while the money to be raised is the same as that requested on the May ballot, the millage amount is less. He said the May ballot asked for 6.75 mills, but due to property revaluations, the new levy will be 6.4 mills. With rollbacks and other credits, the November levy will cost the owner of a home valued at $100,000 an annual sum of $196, or $98 a half.

Because of the cost containment measures already taken, said Treasurer Jack McDonald, the district did not have to borrow any operating money this year. He said that will give the district a slight head start on covering next year’s loss of stabilization and education jobs funds. The loss in revenue is expected to be close to $1 million.

 

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