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District News

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Board of Education adopts proposed 2017-18 budget

The Schoharie Central School District Board of Education adopted a proposed $23,415,819 budget for the 2017-18 school year at their April 11 meeting. The proposed budget will be voted upon by district residents on May 16.

The proposed budget calls for an increase of 2.31 percent ($528,762) over the current school year’s budget and contains a tax levy decrease of $15,504 (0.19 percent), which conforms to the district's tax levy limit (cap). This means approval of the budget requires a simple majority vote of 50 percent plus one.

The budget would continue to fund improved curricula in English language arts, reading and math for grades K-6. Funding would also be provided for a specialized reading intervention program for students in grades 4-8.

The proposed budget reflects a state aid increase of $251,771 (2.29 percent) over the current fiscal year. The amount allocated from available fund balance would be $1,578,499, which is the same as for 2016-17.

Adjustments in employee salaries and benefits per negotiated agreements account for most of the increase over the current year's budget. The proposed budget would also cover changes in day-to-day costs of operating school buildings and providing transportation and special education services.

School tax rates, which determine the amount of money property owners pay per $1,000 of assessed value, will be set in August after the district receives town property assessments and state equalization rates.

Elections and propositions

In addition to voting on the proposed budget on May 16, district residents will elect candidates to fill two open seats on the Board of Education and will consider propositions to authorize the district to purchase four replacement school buses, establish a capital reserve fund and undertake a capital project to renovate and reconstruct the high school and renovate the elementary school.

 

[4/13/17]

 

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