Manhasset residents head to polls for budget, trustees, capital reserve fund vote

Manhasset residents head to polls for budget, trustees, capital reserve fund vote
Manhasset Board of Education Trustees Ann Marie Curd, left, and Carlo Prinzo are running unopposed for re-election on May 15. (Photos courtesy of Manhasset school district)

Manhasset residents will decide May 15 if the school district should open a new capital reserve fund for future projects.

Assistant Superintendent of Business Rosemary Johnson said the current capital reserve fund, which was approved by voters in 2010, is nearing its $10 million funding limit.

A similar $5 million fund was approved by voters in 2006.

Johnson said a new $10 million fund, known as Proposition No. 2, must be authorized by voters who will also cast ballots on the district’s $96,369,935 budget as well as two Board of Education seats.

Any spending of the $10 million, however, would require another public vote for approval, and the creation of the fund will not affect current or future budgets or tax levies, Johnson said.

“This is just creating the vehicle,” Johnson said.

Trustees Ann Marie Curd and Carlo Prinzo are seeking re-election in an uncontested race.

Curd has served six years on the board, and Prinzo has served 12. They have never been challenged.

“Overall, I think the board has the trust of the community,” Prinzo said. “This is my fifth election unopposed.”

The $96.4 million budget is a 2.64 percent increase from the current budget, with a rise of 2.99 percent in the tax levy — the highest allowable by the state.

The tax levy will raise $86,421,243, or 89 percent of the budget, a $2.5 million increase from the current budget.

The budget includes an increase in funding for the Manhasset Community Coalition Against Substance Abuse from $35,000 to $45,000.

Manhasset residents can vote from 6:30 a.m. to 10 p.m. on May 15 in the Manhasset High School gymnasium.

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