Welcome Back To School!

For the 2023-2024 school year, please utilize the Absence Google Form located at the bottom of our website located under FEATURED LINKS.  This form is also located on each school’s homepage listed under SCHOOL LINKS for your convenience. 

Home » District Services » Budget & Finance

Budget & Finance

Overview of the Budget Process | Current Operating Budget | Budget Development Information | Budget Vote Information | Foundation Aid Funding | Fiscal Transparency Documents | NYS School Tax Relief (STAR)

Overview of the Budget Process

On Tuesday, May 16, North Colonie residents approved the district’s $146.9 million budget for 2023-24 with 798 yes votes to 302 no votes. Results were announced at the North Colonie Central Office shortly after the polls closed at 9 p.m. The results show 72.55 percent of voters supported the budget.

The $146.9 million budget has a tax levy increase of 2.80 percent, below the allowable tax cap of 3.53%. The projected tax rate impact is 1.58% per updated information received from the assessor. The district will set its final tax rate for the 2023-24 school year in August, based on final assessment figures as provided by the Town of Colonie.

Current Operating Budget

2023-24 Budget Statement and Attachments

Proposed Budget: $146,986,870 

Estimated Tax Rate Increase: 1.95%

Tax Levy Increase: 2.80%

Spending Increase from Previous Year: $12,117,223

Estimated Property Tax Rate: Tax Rate per $1,000 of Taxable Value 
2022-23:   $26.63 Actual
2023-24:   $27.15 Projected 

Tax rates for next year are estimates only. The district will set final tax rates in August based on final assessment figures provided by the Town of Colonie Assessor and equalization rates provided by the State Office of Real Property Services. To learn more about the Tax Levy Cap.

Foundation Aid Funding Report

Attached is the Foundation Aid Funding Report for the 2023-2024 school year

Budget archive
  • 2022 – 2023 Budget: $134,869,647
    • Budget Statement
  • 2021 – 2022 Budget: $124,977,067
    • Budget Statement
  • 2020 – 2021 Budget: $117,979,501
    • Budget Statement
  • 2019 – 2020 Budget: $116,318,100
    • Budget Statement
  • 2018 – 2019 Budget: $111,108,452
    • Budget Statement
Budget Development Information
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
Budget Vote Information

School budget votes and Board of Education elections are held every year in May.

Absentee Ballots/Voting

Residents who will be out of town or unable to vote in person due to illness or disability can vote by absentee ballot. Absentee ballots are available in early April each year. If you would like to request an absentee ballot, please email the District Board Clerk for the application.

  • Pick one up at the District Office at 91 Fiddlers Lane between 8 a.m. and 4 p.m. weekdays
  • Call the District office at (518) 785-8591 to have one mailed to you.

If you want an absentee ballot mailed to you, your application must be received by the District Clerk’s office at least one week before the vote date. If you plan to pick up your ballot, your application must be received by the day before the vote.

Completed absentee ballots must be received the District Clerk’s Office by 5 p.m. on the day of the vote.

Polling Locations

Polls are open from 6 a.m. – 9 p.m. at the North Colonie Central School District Office (91 Fiddlers Lane).

Voter Eligibility

By law, all voters must be U.S. citizens, age 18 or older and residents of the North Colonie Central School District (or the former Maplewood school district) for at least 30 days prior to the vote. Proof of residency, such as a driver’s license, may be required at the time you vote.

Fiscal Transparency Documents
School-Level Spending Reports

[Content coming soon]

Coronavirus Response and Relief Supplemental Appropriations Act (CRRSA) and the American Rescue Plan Act (ARPA)

The North Colonie Central School district is slated to receive $5,668,835 CRRSA funding and $3,645,061 ARP funding, which were authorized under Federal legislation. 

This funding will be used toward sustaining safe operations of our schools while addressing academic, social, emotional and mental health needs of students resulting from the COVID-19 pandemic. 

Working with the Board of Education, district administrators sought public comment from parents, teachers, students and other stakeholders. The district reached out directly by email soliciting questions, ideas and concerns – and held public hearings and forums to get the input they used to devise the plan. 

Please see the attached presentation regarding the planned use of the funding. The North Colonie Central School District plan is available here.