Public schools are among the most significant investments that any community makes collectively. District leaders work to make the most effective use of resources to benefit students, to develop and manage the budget in a responsible and transparent manner, and to be accountable to taxpayers. Each spring the Board of Education adopts a budget for the coming school year for a community vote, which is typically held on the third Tuesday in May.
On May 18, Cohoes City School District voters approved (345 to 90) a $43.6 million budget for the 2021-22 school year. The spending plan carries a $230,819, or 0.5%, decrease over the current year. The estimated increase to the tax rate, used to determine individual tax bills, is less than 1%. District leaders estimate that taxes on a home with a market value of $150,000 will increase by about $26 annually, before factoring in the STAR rebate.
Under the approved budget, the AIM Academy at Cohoes High School will be reinstated, along with the following full-time positions: a secondary school counselor, a districtwide music teacher, and a middle school reading intervention teacher. It will also provide for additional special education and/or academic intervention support at all three elementary schools through reassigning existing resources.
Voters also elected two members to the Board of Education. Richard Jackson will serve his second term and Renee Snyder will serve her first. Their three-year terms begin July 1.
2021-22 Budget Documents
- Line Budget/Budget Statement
- Budget Notice
- Property Tax Report Card
- Administrative Compensation
- Exemption Report
To print an absentee ballot application, review voter qualifications and find your polling place visit our voter information page.
To look up you tax bill, pay online and more visit our tax collection page.
Understanding New York’s Tax Levy Cap
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 property tax relief. The law 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.
Tax levy v. tax rate
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.
Smart Schools Investment Plan
The Cohoes City School District’s Smart Schools Investment Plan was produced in accordance with the New York State Smart Schools Bond Act, approved by voters in November 2014.