NY S06489

Requires East Ramapo Central School District to refund the excess 4.38% tax levy increase that was added to the originally approved 1.0% increase for the 2024-2025 school year, resulting in over $6 million in additional taxes collected

An external audit revealed the district had $30 million or more in unrestricted funds (potentially up to $100 million), contradicting claims of a severe budget deficit that justified the tax increase

Refunds must be paid from surplus funds held by the town and school district within 90 days, with no application required from taxpayers to receive their refund

The Town of Ramapo and East Ramapo Central School District must submit a detailed refund disbursement report within 120 days to the Governor, legislative leaders, education committees, and State Comptroller

The State Comptroller and Department of Education are directed to monitor the refund process and ensure compliance, with penalties for any failure to comply