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Voters to Decide on Establishing Capital Reserve Fund

When Syosset voters hit the polls on Tuesday, May 20, to decide on the 2014-15 proposed budget on Tuesday, May 20, they will also have the chance to vote on a proposition to establish a capital reserve fund. That fund would not exceed $20 million over a 10-year period, according to the Syosset School District website.   

School officials say that the capital reserve fund would not increase taxes. The vote, they say, would enable residents to determine whether to establish a “savings account” as an "alternative to paying for projects with additional monies, just as a family might do at home to have funds available for needed projects around the house," according to the district's website. 

Read more about the fund. 

On the May 20 election, voters will also cast their choice for the board of education trustees. Polls will be open from 6 a.m. to 10 p.m. at Robbins Lane Elementary School, H.B. Thompson Middle School and Syosset High School.

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