Brasher Falls Central School District voters will go to polls on May 19, 2015 between 12:00 p.m. and 8:00 p.m. to vote on the $21,855,723 proposed school budget.
State Aid Increase
This year, NYS school district will receive an increase of $1.3 billion in state aid for the 2015-16 school year. The aid amounts to a six percent increase from the current year. The BFCSD will receive an increase in foundation aid, BOCES aid, transportation aid, and excess cost aid of approximately $617,426. The District will all receive an increase in building aid of $675,000, to be used in payment of capital building projects. The increase in state aid will allow the BOE and administrative team to reinstate positions that were reduced in the 2014-15 budget, including:
- One Business Teacher
- Half-time Art Teacher
- One Academic Intervention Services Teacher Assistant
- One Elementary Teacher
Tax Levy Increase: 1.77%
This year's spending plan incorporates a 1.77% tax levy increase, approximately $85,100. This increase keeps the District below the NYS Property Tax Cap. The projected change in the tax rate will be $0.39 per thousand. For a home assessed at $100,000, the increase in taxes before the star exemption would be $39,000, or $3.25 per month.
|How is the Tax Rate Set?
School districts establish the tax levy, the total amount of money raised by local taxes to fund the school budget, but do not determine what portion of the tax burden is placed on any one town or property owner. Each year the actual tax rate increase/decrease varies from town to town due to changes in the assessed values and equalization rate, which are set by the Office of Real Property Services, and are not finalized until August.
In late August, the District uses the total taxable assessed value of properties in each of its towns and the state equalization rates to calculate each town’s portion of the school tax levy. Th e portion of the tax levy is then divided by the total assessed value of property in each town to determine the school tax rate per $1,000 of assessed value by town. Individual tax bills are printed and mailed to property owners on September 1st.
Bus Purchase on Ballot
A proposition on May 19th will ask voters to approve the purchase of three buses: one 66-passenger school bus, one 48-passenger bus, and one 42-passenger/wheelchair accessible bus, at a cost not to exceed $291,000. The state pays 90% of the cost of the buses and the interest over the five-year payback period. The District will trade in three buses for a $59,000 price reduction.
School Board Member Election
Mary-Margaret Bellinger, Arthur Siebert, Laura DiMatteo, Seth Belt, and Michael Hornung have submitted petitions and are on the ballots for the two available school board seats.