Expected

revenue losses:

$467,583 cut

proposed by

Gov. Paterson

$200,000 less than projections in interest

Loss of federal

stimulus funds

The options:

HIKE TAX LEVY. If the current budget is rolled over with no changes, the expected increase in the tax levy would be 5.89 percent.

CUT COSTS. Maintaining the current year's 2.5 percent increase in the tax levy over the next three years would require $8 million in cuts over that period, which could mean the elimination of clubs and sports as well as other cost-cutting in 2011-2012.

Gregg Sarra sounds off on the Nassau Conference II football matchup between Calhoun at Carey, plus the comeback story of New Hyde Park's Gabriel Peter, an update on the high school fantasy football standings and the plays of the week. Credit: Randee Daddona, Gary Licker, Anthony Santino

Sarra Sounds Off, Season 3, Ep 4: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Nassau Conference II football matchup between Calhoun at Carey, plus the comeback story of New Hyde Park's Gabriel Peter, an update on the high school fantasy football standings and the plays of the week.

Gregg Sarra sounds off on the Nassau Conference II football matchup between Calhoun at Carey, plus the comeback story of New Hyde Park's Gabriel Peter, an update on the high school fantasy football standings and the plays of the week. Credit: Randee Daddona, Gary Licker, Anthony Santino

Sarra Sounds Off, Season 3, Ep 4: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Nassau Conference II football matchup between Calhoun at Carey, plus the comeback story of New Hyde Park's Gabriel Peter, an update on the high school fantasy football standings and the plays of the week.

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