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Every Little Bit Helps: State Money Restored to School Budgets

For the Springs and East Hampton School Districts, the good word came from Albany on Tuesday morning, just in time. The State Legislature is poised to adopt a new budget that preserves school funding to at least as much as what districts received this year. The news allowed both districts to make last-minute adjustments to lower their respective tax levies for the May 21 vote, though both are still over the cap.

New Housing Fund Brings in $4.2M in East Hampton

East Hampton Town’s new community housing fund, voted into law in November 2022 and financed by a half-percent tax on real estate sales paid by the buyer, has brought in $4.2 million in its first year, Eric Schantz, director of the Housing and Community Development Department, reported to the town board on Tuesday. The money is intended chiefly for affordable housing and to help first-time homebuyers.