The Express-Times reports that the 2010-2011 NASD School Budget draft was released to the public (read the article here).
The budget calls for a ‘modest’ 2.9% tax increase. Last year NASD was eligible for exceptions to their tax increase cap and used them in order to yield a surplus and to earn more money this year using a smaller tax increase since the base was larger.
The annual operating budget is set at $60.1M. The NASD carries $103M in debt.
The actual budget documents do not appear to have been posted online, yet, but they ought to be found here when they are.
The Board is scheduled to vote on the budget on February 8.
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