Total Budget: $39,563,149
Spending DECREASE: 0.04%
Tax Levy Increase: 0.69% (at “cap”)
Reserves used: $1,450,000
Feb. 27, 2015 - 2015-16 budget presentations get underway
March 27, 2014 - The Cohoes Public Library presented a proposal to restructure and become a district library. More information on their proposal can be found on their website: www.cohoes.fundourlibraries.org
March 27, 2015--When voters head to the polls on May 19 to vote on the 2015-16 proposed school district budget, they will also elect two (2) members to the Board of Education.
Any Cohoes resident who has lived in the City School District of Cohoes for at least one year prior to May 19, 2015, can run for the Board of Education.
One hundred petition signatures are required for candidacy, and petition packets may be obtained in the business office at Cohoes Middle School, 7 Bevan Street (3rd floor).
These petitions must be returned to the district clerk no later than April 29 at 5 p.m.
If you have any questions, please contact Johanna Maloney, District Clerk, at 237-0100 Ext. 2362, or by email at email@example.com.
April 1 - Revenues, highlights and tax cap considerations
April 15 - Tentative: Budget deliberations
Aprill 22 - BOE adopts budget during regular business meeting
May 6 - Public hearing
New York’s Property Tax Freeze Credit was signed into law in April 2014 as part of the 2014-15 New York state budget. The measure is designed as a short-term tax relief program that reimburses qualifying New York homeowners (outside of New York City) for increases in local property taxes on their primary residences.
In 2014-15, Cohoes residents qualified for the credit.
When Cohoes voters head to the polls to vote on the school budget each year, they cast votes for a budget plan shaped in part by a law known to many as the Property Tax Cap. Approved by the State Legislature in 2011, this complex law is intended to provide much needed property tax relief.
The tax levy is the total amount of money the school district raises in property taxes. Actual tax rates are dependent on several factors including assessment practices and equalization rates.
Tax rates are not set until July — after the state certifies assessment rolls for the properties in the city of Cohoes. Tax bills are sent out in September after this process has concluded. The school district has no control over assessment practices — and does not collect more in taxes than the amount it levies.
Stacy Mackey, School Business Official
7 Bevan Street, Cohoes NY 12047