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