The retirement of two teachers and one teaching assistant – who will not be replaced – will shave nearly $300,000 from the Grand Island School District’s budget for next year.

Interim Superintendent Paul Hashem said at Monday’s Board of Education meeting that the potential for more retirements could close the estimated $1,374,582 gap between revenues and expenditures.

“We hope to close the gap through attrition,” said Hashem, adding that fewer staff would have minimal effect on programming and class sizes.

To that end, the board agreed to extend the April 1 deadline for submitting retirements by one week to April 8, the first day of school after spring break.

Joseph Giarrizzo, assistant superintendent for finance, noted the latest estimate on the budget gap is revised down from two weeks ago when it was projected to be $1.5 million.

He also said the new estimated tax levy increase is 2.67 percent, revised from 2.89 percent, which would yield $781,214 in additional revenue.

Giarrizzo said the state is estimating an increase in “foundation aid” of about $32,000 and a gap elimination reduction that could mean “at least” another $100,000 for school districts across New York State.

The board expects to adopt an estimated $54.6 million budget by April 22.

In other business, Hashem said that the two finalists for superintendent toured all the district schools last week. They are Teresa Lawrence, Clarence Central’s director of curriculum and staff development, and Susan Frey, Depew School District’s assistant superintendent.

The new superintendent – replacing Robert Christmann, who retired – would take the helm in July.