Documents › Board of Education, 2026-04-21

report 3 pages

Croton-Harmon UFSD's 2026-27 Property Tax Report Card, prepared by Denise Harrington-Cohen and dated as official April 16, 2026. It shows a proposed budget of $62,762,808, up 2.90 percent from the 2025-26 budgeted $60,996,050, and a proposed tax levy of $46,417,623, a 2.19 percent increase that exactly matches the district's tax levy limit, requiring simple majority approval. Public school enrollment is projected to fall 1.24 percent, from 1,538 to 1,519, and the form lists district reserve funds including capital, repair, tax certiorari, ERS and TRS reserves.

Property Tax Report Card 2025-2026 - Page 1 660202 - CROTON-HARMON UFSD Official - as of 04/16/2026 01:48 PM ****Please use Chrome or Firefox browsers when entering the Business Portal to complete the PTRC. Internet Explorer is NOT recommended.***** Note: Some data elements of the Property Tax Report Card have been revised or renamed to more closely follow the Property Tax Cap calculations districts complete on the Office of the State Comptroller website. Please see the Help text above for definitions. Additional guidance on the Property Tax Levy Limit is available on the Office of Educational Management Services website: http://www.p12.nysed.gov/mgtserv/propertytax/taxcap/. Please also submit an electronic version (PDF or Word) of your school district's 2026-27 Budget Notice to: emscmgts@nysed.gov. This will enable us to help correct any formula or data entry discrepancy quickly. Notice: The Enacted Budget allows school districts to establish a reserve fund for NYS Teachers' Retirement System Contributions, effective immediately. This reserve, if applicable, should be reported in the Schedule of Reserves under 'Other Reserve' and with a description that says: "To fund employer retirement contributions to the New York State Teachers' Retirement System (TRS.)" Form Due - April 25, 2026 Form Preparer Name: DENISE HARRINGTON-COHEN Preparer's Telephone Number: 914-271-4713 Shaded Fields Will Calculate Budgeted 2025-26 (A) Proposed Budget 2026-27 (B) Percent Change (C) Total Budgeted Amount, not including Separate Propositions 60,996,050 62,762,808 2.90 % A. Proposed Tax Levy to Support the Total Budgeted Amount1 45,422,572 46,417,623 B. Tax Levy to Support Library Debt, if Applicable 0 0 C. Tax Levy for Non-Excludable Propositions, if Applicable2 0 0 D. Total Tax Cap Reserve Amount Used to Reduce Current Year Levy, if     Applicable 0 0 E. Total Proposed School Year Tax Levy (A+B+C-D) 45,422,572 46,417,623 2.19 % F. Permissible Exclusions to the School Tax Levy Limit 2,836,262 2,794,710 G. School Tax Levy Limit, Excluding Levy for Permissible Exclusions3 42,586,310 43,622,913 H. Total Proposed Tax Levy for School Purposes, Excluding Permissible     Exclusions and Levy for Library Debt, Plus Prior Year Tax Cap Reserve     (E-B-F+D) 42,586,310 43,622,913 I.  Difference: (G-H);(negative value requires 60.0% voter approval)2 0 0 Public School Enrollment 1,538 1,519 -1.24 % Consumer Price Index     2.63 % 1 Include any prior year reserve for excess tax levy, including interest. 2 Tax levy associated with educational or transportation services propositions are not eligible for exclusion under the School Tax Levy Limit and may affect voter approval requirements. 3 For 2026-27, includes any carryover from 2025-26 and excludes any tax levy for library debt or prior year reserve for 4/16/26, 1:48 PM New York State Education Department State Aid Management System (SAMS) https://eservices.nysed.gov/sams/printForm.do?method=printForm&fsId=830&segmentKey=1776361701663 1/4 excess tax levy, including interest. Actual 2025-26 (D) Estimated 2026-27 (E) Adjusted Restricted Fund Balance 19,532,267 18,940,549 Assigned Appropriated Fund Balance 3,504,343 4,773,652 Adjusted Unrestricted Fund Balance 2,439,842 2,510,512 Adjusted Unrestricted Fund Balance as a Percent of the Total Budget                  4.00 %                  4.00 % Schedule of Reserve Funds Reserve Type Reserve Name Reserve Description * 3/31/26 Actual Balance 6/30/26 Estimated Ending Balance Intended Use of the Reserve in the 2026-27 School Year (Limit 200 Characters)** Note: Be sure to click on the Save button at the bottom after each additional Reserve you add under Capital, Property Loss, Liability, or Other Reserve. Capital CAPITAL (TRANSPORTATION) 2022 For the cost of any object or purpose for which bonds may be issued. 1,766,735 1,784,493 It is our intention to pay the cost of vehicles or infrastructure costs related to transportation. Capital CAPITAL 2013 For the cost of any object or purpose for which bonds may be issued. 5,176,865 5,957,788 It is our intention to pay the cost of any object or purpose for which bonds may be issued. Capital CAPITAL 2016 For the cost of any object or purpose for which bonds may be issued. 3,050,668 3,068,783 It is our intention to pay the cost of any object or purpose for which bonds may be issued. Repair REPAIR RESERVE 2022 For the cost of repairs to capital improvements or equipment. 18,414 318,514 It is our intention to pay Capital and Equipment Repair Costs. Workers Compensation WORKERS’ COMPENSATION RESERVE For self-insured Workers Compensation and benefits. 419,594 323,562 It is our intention to pay Workers' compensation Claims. Unemployment Insurance UNEMPLOYMENT RESERVE For reimbursement to the State Unemployment Insurance Fund. 231,992 134,186 It is our intention to pay Unemployment Insurance Claims. Reserve for Tax Reduction For the gradual use of the proceeds of the sale of school district real property. 4/16/26, 1:48 PM New York State Education Department State Aid Management System (SAMS) https://eservices.nysed.gov/sams/printForm.do?method=printForm&fsId=830&segmentKey=1776361701663 2/4 Mandatory Reserve for Debt Service For proceeds from the sale of district capital assets or improvement, restricted to debt service. Insurance For liability, casualty, and other types of uninsured losses. Property Loss + (add) To cover property loss. Liability + (add) LEGAL LIABILITY RESERVE To cover incurred liability claims. 1,356,480 1,366,471 It is our intention to pay legal settlements related to special education costs or other legal liabilities. Tax Certiorari TAX CERTIORARI RESERVE For tax certiorari settlements. 2,017,559 1,244,205 It is our intention to pay for our potential tax settlements. Reserve for Insurance Recoveries For unexpended proceeds of insurance recoveries at fiscal year end. Employee Benefit Accrued Liability EBALR – EMPLOYEE BENEFIT ACCRUED LIABILITY RESERVE For accrued 'employee benefits' due to employees upon termination of service. 561,915 567,190 It is our intention to pay contributions for sick/vacation payout to retired employees Retirement Contribution ERS RESERVE For employer retirement contributions to the State and Local Employees' Retirement System. 1,902,467 1,918,567 It is our intention to pay contributions to the pension system. Reserve for Uncollected Taxes For unpaid taxes due certain city school districts not reimbursed by their city/county until the following fiscal year. Single Other Reserve TRS RESERVE To fund employer retirement contributions to the State and Local Teachers’ Retirement System. 2,456,789 2,256,789 It is our intention to pay contributions to the pension system. * NYSED Reserve Guidance: http://www.p12.nysed.gov/mgtserv/accounting/docs/reserve_funds.pdf    OSC Reserve Guidance: http://osc.state.ny.us/localgov/pubs/listacctg.htm#reservefunds **Provide a brief, but specific, statement of the planned use and appropriation for the reserve in SY 2026-27. Mention any capital expenditures that will need to be voted upon in the upcoming Budget Vote. 4/16/26, 1:48 PM New York State Education Department State Aid Management System (SAMS) https://eservices.nysed.gov/sams/printForm.do?method=printForm&fsId=830&segmentKey=1776361701663 3/4