The North Syracuse Central School District Board of Education met at 7 p.m. Monday March 8 to discuss the preliminary 2010-11 budget.
Currently, the district faces a $12.8 million shortfall caused by a loss of $5.7 million in state aid, $1.4 million in fiscal stabilization aid, a $4 million increase in health insurance costs and teacher and employee retirement, and $1.7 million in contractual costs such as salary increases.
The district has $2.5 million of its $5.5 million General Fund included in the budget.
The BOE looked through a list of 114.5 district staff reductions in order to balance the upcoming budget. With these specifications, the district is looking at a 3.3 percent tax increase, according to NSCSD Superintendent of Schools Dr. Jerome Melvin.
"This is very serious," Melvin said. "As of now, the 2011-12 budget could be as equally as serious."
These estimated figures are without inclusion of sales tax revenue changes.