Carmello presents Draft 1 of 2019-2020 budget
During the February 6 Board of Education meeting, Superintendent John Carmello presented Draft 1 of the proposed 2019-2020 Troy City School District budget. At $113,819,820, Draft 1 is 1.72 percent more than the previous year. This year’s tax cap is set at 1.89 percent. Troy City Schools are still underfunded my $11.9 million according to the Foundation Aid formula. The District needs an appropriate increase in State Aid in order to balance the budget. Click the link above to view the full presentation
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