2022-23 budget overview
School taxes to rise 1%, less than predicted in May
Thanks to growth in the school district’s tax base, the projected tax increase for the 2022-23 school year will be 1%, less than the 1.61% predicted before the budget vote in May.
The Board of Education adopted the new rates last night. The new rates are used to calculate tax bills in September. For a typical home assessed at $160,000, that means an increase of $37 per year or $3.08 per month.
These increases are before savings from the New York State School Tax Relief Program (STAR). Those savings are estimated at $596 for Basic STAR recipients and $1,199 for Enhanced STAR recipients (over age 65).
The new tax rates are as follows:
- Town of Glenville/Village of Scotia: 23.899 per $1,000 assessed value (1% increase from the 2021-22 rate)
- Town of Amsterdam: $224.055 per $1,000 assessed value (6.5% increase from the 2021-22 rate)
- Town of Charlton: $28.451 per $1,000 assessed value (-3.81% decrease from the 2021-22 rate)
Andrew Giaquinto, school business manager, said the tax base grew by $7.95 million from this time last year because of higher or full assessments on Glen Sanders, Well Now and Chipotle.
Thank you, Scotia-Glenville!
That’s a 73.4% to 26.6% margin
Bus purchase proposal:
That’s a 75.9% to 24.1% margin
Board of Education candidates:
KIM TALBOT, 778 votes
EMILY ORR, 654 votes
DAN FEINBERG, 519 votes
ERIC POTTS, 379 votes
Talbot was re-elected to a second term and Orr was elected to a first term. Incumbent Dan Feinberg was not re-elected.
Budget vote to be held May 17
The community vote on the:
- $60.275 million 2022-23 budget
- $385,000 bus purchase proposal and
- election of two Board of Education candidates
will be held from 7 a.m. to 9 p.m. on Tuesday, May 17 in the B-wing gymnasium at the high school, Sacandaga Road.
The proposed budget is $1.15 million more than the 2021-22 budget, representing a year-to-year spending increase of 1.9%. The 2022-23 tax levy increase will be 1.61%, slightly less than the state tax levy limit of 1.62%.
Under the proposed 2022-23 budget, the Glenville/Scotia tax rate would increase by 1.61% to an estimated $24.04 per $1,000 (from the current $23.66 per $1,000) of assessed value. That is a 38 cent increase in the per $1,000 assessed value tax rate. A home with an assessment of $160,000 would see an estimated tax bill increase of $60.80 per year, or $5.07 per month.