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Scarsdale Education Board Dips Into Surplus

The Scarsdale Board of Education was faced with the decision to raise each Scarsdale household’s taxes about $31 more than the community approved for the districts’ budget in May or dip into the schools unanticipated surplus.

After a 10-minute discussion Monday, the board unanimously decided to take $200,000 from the $1.4 million surplus to eliminate the need to raise taxes beyond the agreed upon amount.

More money was needed for the districts’ budget because of a  $13 million decline in the tax roll. The tax roll decline comes after the reassessment of about 1,300 properties out of the 5,900 homes in Scarsdale, according to Linda Purvis, Scarsdale Union Free School District's assistant superintendent for business and facilities.

In the end, the Scarsdale Board of Education approved $123,477,125 to be raised from taxpayers.

What do you think about this decision? Please leave comments below.

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