This Tuesday, May 17th, Nyack voters passed the school district’s $80,700,000 2016-2017 budget and voted affirmatively for two propositions regarding the Capital Reserve Fund, which is essentially a “rainy day fund.” The first proposition allows the district to expend up to $5,000,000 (the current balance) from the Capital Reserve Fund, created in 2010 and increased in 2014. The second proposition allows the district to increase the capital reserve fund from $5,000,000 to $10,000,000 and increase the probable term from 10 to 11 years.
Tagged: Nyack School District
by Becky Christner and Tina Magrabi
Miss Mara lifts up Sylvia, twirling her around and exclaiming, “You look so beautiful today! Did you get your hair done special?” Dressed in blue jeans and a hot pink t-shirt with a heart emblazoned on the front, Sylvia proudly pats her updo hairstyle. Mara Cohen, a former music teacher with three children of her own, shares a natural rapport with the toddler.