During its April 5 meeting, the North Colonie Board of Education unanimously adopted a proposed $107.2 million budget for the 2017-18 school year that will be presented to the public for a vote on Tuesday, May 16.
Tax rate increase under 1 percent
Under the proposed plan, spending would increase 1.8 percent more than the current year and would yield an estimated tax rate increase of 0.94 percent. The projected tax levy increase of 2.47 percent is within the district’s allowable limit under the state’s property tax cap law, and is driven largely by growth in taxable values due to new residential and commercial construction.
Given the lack of agreement on a state budget – and subsequent uncertainty about state aid – district officials have budgeted conservatively for the coming school year. The district’s proposed 2017-18 budget supports all current programming, and provides additional staffing to meet the needs of special education students.
In addition to the school budget, residents will be asked to consider a separate capital project referendum totaling $106 million during the May 16 vote. The proposed project includes addition and renovation work at the elementary schools and the conversion of Shaker Junior High School to a 6-8 middle school to accommodate significant growth in enrollment, and security updates at all eight school buildings, as well.
Extended polling hours, one site
The district will offer extended voting hours on Tuesday, May 16. Voting will take place from 6 a.m. to 9 p.m. at the Goodrich Building on Fiddler’s Lane.
Check the budget web page for updates about the proposed school budget in the weeks ahead. A special edition budget newsletter also will be mailed to all district residents in early May.