Taxpayers in the Bedford Central School District this year will see lower school taxes than originally expected.
The Bedford Central School Board has increased the amount of undesignated fund balance they’re using to help pay for the 2010-2011 school budget, a move that lowers the tax rate for this budget year.
By using more fund balance the district lowers its tax levy, which is overall amount the district raises from taxes. The tax levy was originally projected to rise 1.54 percent, but now it’s only expected to rise .73 percent, according to a school district news release.
The tax rate increases that were projected before the May budget passage will be also lower than expected.
School taxes will rise 3.72 percent in Bedford, 1.1 percent in Mount Kisco, .13 percent in New Castle and 1.19 percent in North Castle. School taxes will decline by 2.96 percent in Pound Ridge.