The Daily Star
---- — The Unatego Central School Board of Education was able to adopt a budget Wednesday that will allow Otego Elementary School to remain open, a school official said. It still has to be adopted by voters next month.
The school’s closing was one option being considered for meeting a budget shortfall of more than $500,000. The tax levy increase will be 2 percent.
It took a number of measures to avoid the closing that the board did not want to take, but had to consider if no other measures were found, Unatego business manager Nicholas Rosas said.
About $100,000 should be saved through collaboration with Sidney Central School. The two boards will get together in about two weeks to see what can be done to save money and enhance programs, he said.
In addition, $240,000 in an employee benefits fund will be used, and $140,000 will gained by amortizing the mandated increase to the teachers’ retirement service payments. The balance will come from various savings measures, he said.