PROPOSITION NO. 1
Voters will vote on the proposed 2012-2013 general fund expenditure budget of $64,752,895. This budget is expected to impact the tax levy by 2.47%, which is calculated by comparing last year’s actual to this year’s budgeted.
PROPOSITION NO. 2
EXPENDITURE FROM CAPITAL RESERVE FUNDSHALL the Board of Education of the North Tonawanda City School District be authorized and directed to expend up to $200,000 from the Capital Reserve Fund (School Bus Purchases) for the purpose of purchasing buses as well as equipment related to these purchases. This will have Zero Dollar impact on taxes.