Budget & Taxes

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.

2021-22 Budget Timeline

  • Budget Committee Meetings – Jan. 15-29
  • Board of Education Presentations
    • Feb. 10: Elementary Schools, Preliminary Revenues (Tax Cap, Executive State Aid Run)
    • Feb. 24: Assembly Member McDonald – State Budget Update, Tax Cap (final), Special Programs, Buildings & Grounds, Information Technology
    • Mar. 10: Secondary Schools, Central Office, BOCES Services
    • Mar. 24: Budget Deliberations
    • April 14: Budget Deliberations
    • April 21: Complete Budget – BOE action to approve
    • Mar. 1: Submit Tax Levy Limit calculation to OSC
  • Budget Actions
    • Mar. 1: Submit Tax Levy Limit calculation to OSC
    • Apr. 3: Advertise legal notice of date, time and place of School Budget Hearing & Annual Budget Vote. Must be advertised four times within seven weeks, with the first being 45 days before the annual budget vote.
    • Apr. 23: Final date of adoption for budget & property tax report card
    • Apr. 26: Submit property tax report card to SED & local newspapers
    • Apr. 28: Submission deadline for petitions for the BOE candidates
    • Apr. 27-May 4: Budget Statement made available at each school building & on the district website
    • May 4-May 11: Hold Budget Hearing, presented in three components
    • May 5-May 12: Mail budget notice to eligible voters
    • May 18: Statewide Budget Vote & Board of Education Election (Statewide budget revote, June 15)

2020-21 Budget

On June 16, Cohoes City School District voters approved (1,215 to 516) by absentee ballot a $43.9 million budget for the 2020-21 school year. It will keep spending and its current level and carry a tax levy increase of 2.32 percent, an amount within the district’s tax cap. For a home valued at $150,000, this will result in an estimated annual tax increase of about $60.

Under the state budget, which was severely impacted by the COVID-19 pandemic, school foundation aid did not increase. State aid comprises about 55 percent of the district’s annual revenue. The introduction of three periodic reviews of state revenue could result in additional mid-year school aid cuts. With no increase in aid, district leaders created a spending plan equal to the 2019-20 budget, requiring spending cuts and efficiencies to close a $1.6 million gap.

2020-21 Budget Documents

Voter Information

To print an absentee ballot application, review voter qualifications and find your polling place visit our voter information page.


Tax Collection

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.

Preparing our students for success in tomorrow’s world.

This website is maintained by Public Information Specialist Aaron Cagwin. It is the goal of the Cohoes City School District that this website is accessible to all users. View our accessibility statement. The district is not responsible for facts or opinions contained on any linked site. Some links and features on this site require the Adobe Acrobat Reader to view. Visit the Adobe website to download the free Acrobat Reader. This website was produced by the Capital Region BOCES Communications Service, Albany, NY. Copyright © 2021. All rights reserved.