From :D R A F T Selectboard Meeting Minutes Tuesday, December 17, 2019

7. Windsor Central Unified District Update 

 a) Budget Schedule In an effort to dispel rumors, board member Haff (also serving on the WCUSD Board) clarified there was no real budget schedule per se. FY 2018 had still not been signed off by the Auditor(s) and work had only recently begun on FY 2019 entries. The WCUSD were checking with the State of Vermont and Counsel to see if March voting can be postponed until April, in the hope of having completed Financials to work with for the 2020 budget. 

 b) 12/16/19 Board Meeting Report Initial reports confirm incomplete financials, inadequate capital funding and a lack of clarity in student numbers. Audit corrections and recommendations could result in a dramatic change in the financial outlook, significantly affecting tax rates. The (WCUSD) Board Meetings are also still discussing the potential of a new $68M school building at a remarkable (and additional) increase to the tax payers. The State of Vermont is already considering 5-6% increase(s). Killington’s boost in healthy property sales this year may affect the States Common Level of Appraisal with a potential of CLA increases as high as 10% and possibly evoking a Town wide reappraisal.