As has been reported in the media, the New York State Comptroller’s Office released fiscal stress levels for school districts on Long Island. The Elwood Union Free School District has been classified as having “moderate fiscal stress” based on various financial indicators that include year-end fund balance, cash position and patterns of operating deficits.

The Board of Education and administration, in collaboration with community residents, have worked hard over the past several years to deal with the financial challenges presented by the tax levy cap, reduced state aid and an increase in costly state mandates. We strive to strike a balance between the needs of our students and the limitations of taxpayers. As such, we have had to rely significantly on our fund balance, which is a major factor in determining fiscal stress levels.

Together, with the input of our residents, we will continue our discussion on the district’s fiscal health as we prepare the 2016-17 spending plan. We will work collaboratively to provide our students with the finest in educational opportunities while maintaining a fiscal responsibility to our taxpayers.