Fairport Board of Education adopts proposed 2024-2025 budget
Dear Fairport community,
The Fairport Board of Education approved the District’s proposed 2024-2025 school budget at its business meeting on April 16, 2024.
You can find the budget adoption presentation here.
- Prioritize the District’s School Improvement initiatives including:
- Developing Universal Pre-K programming
- Allocating resources to support and maximize student learning (Multi-Tiered Systems of Support)
- Providing equitable access to student-centered and “whole child” programming
- Keep long-term fiscal sustainability at the forefront of the budget process with a focus on:
- Transparency and our fiscal responsibility to our stakeholders
- Maintaining a strong financial position
- Preserving the District’s strong bond rating
- Investing in modern, environmentally sustainable and safe facilities by:
- Dedicating financial resources to support the modernization and upkeep of District facilities
- Prioritizing funding of District Capital Reserves to prepare for Phase III of the District’s Long-Term Facilities Plan, and in order to shift to a more regular schedule of smaller-scale Capital Improvement Projects
The $159,847,155 total budget equates to a 5.36% increase over last year’s budget, and is in compliance with the Property Tax Levy Limit, which limits the amount of taxes an entity may levy based on a formula. That Tax Levy Limit may be higher or lower than 2%, depending on allowable adjustments or exemptions.
The estimated tax rate is a projected $24.88 per $1,000 of assessed value, a 2.83% increase. You can find more information about the development of this proposed budget in the livestream of the April 16 Board of Education Business meeting and in the livestream of the Board of Education Workshop, also on the 16th.
The annual Budget Vote is on Tuesday, May 21, from 6 a.m. to 9 p.m. at Johanna Perrin Middle School.
Items on the ballot for the May 16 vote include:
- The proposed 2024-2025 ($159,847,155) school budget
- The election of two Board of Education members
- A proposition to authorize the appropriation and spending of funds from the “Capital Bus Purchase Reserve Fund 2002” to buy buses for student transportation
- A proposition to create and fund a “Capital Bus Purchase Reserve Fund 2024”
If you would like to learn more about the 2024-2025 budget, join us at the Public Hearing on Tuesday, May 7 at 6:30 p.m. in room 512 at FHS. The Public Hearing will also be broadcast live on the District’s Youtube.
If you have any questions about the budget process or the proposed 2024-2025 school budget, please email communityrelations@fairport.org OR enter your questions into the Google Form here. Our team will develop a FAQ sheet to share information and answers to community concerns.
Sincerely,
Brett Provenzano
Superintendent of Schools