Voters approve school budget: On May 15,
Schalmont Central School District residents approved a
$41,925,000 spending plan for the 2012-13 school year by a
margin of 760 to 320. Voters also approved a $456,900 bus
proposition to purchase five new school buses by a margin of 676
to 407. Gregory Campoli and Albert Falcone were reelected to two
three-year terms on the school board.
Learn more...
2012-13 Budget News Archives
Proposed budget keeps tax levy under limit; maintains programs
Four candidates seek two open seats on the Board of Education
Superintendent presents 2012-13 budget proposal
Budget Advisory Committee continues to shape budget proposal
Budget Advisory Committee begins reviewing potential reductions
Budget Advisory Committee meetings begin March 8
School board approves teachers' contract
Budget development process underway
Schalmont, Duanesburg hold joint
workshop
Analysis details sharp decline in state support for public
school funding since 2007
District facing $13 million in tax certiorari claims
Schalmont, Mohonasen explore options for sharing services
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Property Tax Levy "Cap"
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Capital Region BOCES, in partnership with Questar III BOCES,
has released the informational publication "Understanding New
York's Property Tax Levy Cap As It Relates To Public Schools.
Download the publciation (PDF).
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The new property tax levy "cap" law has been
misconstrued and misrepresented in media sound bites
as a “2 percent tax cap.” In fact, the law does not
restrict any proposed tax levy increase to 2
percent. Instead, the law determines what level of
support is needed for a school budget to pass. If
the tax levy increase (before exemptions)is above
the tax levy limit the support of a supermajority
(60 percent) of voters would be required for budget
passage. If the levy is within the limit, a simple
majority is needed for budget approval.
Schalmont is proposing a 1.94 percent tax levy
increase, which is below the district’s maximum
allowable tax levy increase of 2.33 percent.
It will require approval by a simple majority of
voters (50 percent plus one) for budget passage.
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