Mineola schools: The funding problem, in brief

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.