2026-27 Budget Adoption Resolution.pdf

​ Brian Neenan, Superintendent From: ​Brian Freeman, Assistant Superintendent for Business Re: ​ Budget Adoption Resolution 2026-27 Cc: ​ Board of Education Date: ​4/14/2026 Please see below for the formal resolution to adopt the 2026-27 Webster Central School District Budget, Bus Purchase proposition, and Capital Reserve proposition. Please let me know if you have any questions. At a Regular Business meeting of the Board of Education of the Webster Central School District, held on April 14, 2026 at 5:00 p.m. at 119 South Avenue (Spry Middle School, 2nd Floor Professional Development Center), Webster, New York; The following Resolution was offered by ______and seconded by ___________. BE IT RESOLVED, that the Webster Board of Education adopts the 2026-27 proposed budget in the amount of $227,089,425; and FURTHERMORE, as previously approved by the Board of Education of the Webster Central School District places Diesel Transportation Proposition #1, that the Webster Central School District is hereby authorized to purchase and finance ten (10) diesel powered student transport vehicles, including necessary furnishings, fixtures and equipment and all other costs incidental thereto, and expend a total sum not to exceed $1,800,000, which is estimated to be the total maximum cost thereof, and said amount, or so much thereof as may be necessary, shall be raised by the levy of a tax upon the taxable property of said School District and collected in annual installments as provided by Section 416 of the Education Law; and, in anticipation of such tax, obligations of said School District, in the principal amount not to exceed $1,800,000 shall be issued?; and FURTHERMORE, as previously approved by the Board of Education of the Webster Central School District places Capital Reserve Creation Proposition #2, that the Webster Central School District is hereby authorized to establish a new ten-year capital reserve pursuant to Section 3651 of the Education Law in an amount not to exceed $45,000,000 to be used for renovations and additions to all District facilities, including purchase of equipment, technology upgrades, classroom equipment and/or school infrastructure equipment, site development, storm and sanitary sewer, driveways, and parking lots, such reserve fund to be funded from (i) a transfer of the unexpended balance currently on deposit in the District’s existing reserve fund approved by the District’s voters in May of 2016, to be terminated if this proposition is approved, (ii) year-end budget surplus funds known as unassigned fund balance, as available, for the fiscal year ended June 30, 2026 and each fiscal year thereafter for the term of the reserve fund, (iii) transfers of excess monies from Board of Education designated reserves, (iv) amounts from budgetary appropriations from time to time, and (v) New York State Aid received and made available by the Board of Education from time to time, all as permitted by law.