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