On Tuesday, May 20, 2014, residents of Cohoes will vote on the 2014-15 school district budget, and two (2) Board of Education seats serving three-year terms.
When Cohoes voters head to the polls on May 21to decide the 2013-14 school budget, they will cast votes for a budget plan shaped in part by a new 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.
Now in its second year, school districts and community members are still trying to learn how the law impacts them. One thing is clear: what is known as the "two percent property tax cap" does not create a cap, but a threshold that determines the level of voter support needed to pass the budget every year. That threshold is different for every school district in the state. Learn more>>