Tax cap will be tested by Niskayuna School District budget
After months of deliberation, the Niskayuna Central School District Board of Education adopted a $76.3 million budget late Tuesday with a 5.76 percent tax levy increase.
The proposed 2013-14 budget would increase spending by $1 million from this year’s budget.
In March, school district officials were cutting spending from the budget, but were still facing the possibility of a tax levy increase near 8 percent.
A breakdown of options for lowering the tax levy down to 5.75 percent is available below. These options were scheduled for review during Tuesday's meeting.
More on the budget can be found HERE.
At least 60 percent of voters will need to vote in favor of the budget on May 21 in order for it to be enacted. More than a simple majority is needed because the budget exceeds the state's tax cap.
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