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Budget & Taxes

On Tuesday, June 16, North Colonie residents approved the 2020-21 budget. The proposed budget maintains the district’s educational programs. Learn more.

2020-21 Budget Highlights

  • Budget: $117,979,501 million
  • Tax levy increase: .47%
  • Estimated tax rate decrease: .90%. 

Budget Development

Fall

  • Review enrollment data, facilities and related needs, building allocations and needs, district staffing, long-range budgetary plans and the debt service schedule
  • Present budget development calendar to the Board of Education for adoption

Winter

  • Administrators and supervisors review staffing, facility, construction, budget allocations and special needs requests
  • Departments review their budgets, staffing and long-range needs
  • Present preliminary budget forecast and budget assumptions and review the governor’s executive budget proposal
  • Budget presentations and work sessions

March

  • Board candidate petitions available
  • Final review of budget proposal by Board of Education

April

  • Legal ads published for annual meeting (45 days prior to vote)
  • Board candidate petitions due by statutory deadline
  • Budget adoption by statutory deadline
  • Property Tax Report Card due to SED and newspaper
  • Publicize budget information and hold budget informational meetings

May

  • Conduct voter registration 5-14 days before vote
  • Budget Hearing held 7-14 days before vote
  • Mail budget notice after budget hearing, but no later than six days before vote
  • Budget vote and board election