After two years of spending decreases, Schuylerville’s budget proposal calls for a spending increase of 3.52 percent. The projected tax levy increase is 1.66 percent, which is below Schuylerville’s state-determined tax levy cap of 3.62 percent. Tax rates for individual properties will be determined over the summer once equalization rates and assessments are available for the district’s seven towns.
Also part of the May 21 vote: Two propositions, district Board of Education elections and public library trustee elections
In addition to considering the proposed 2013-2014 school budget, Schuylerville residents will also vote on two propositions—the purchase of buses and the establishment of a capital reserve fund dedicated to improving and/or reconstructing the district’s turf field in 15 to 20 years. Residents will also vote in the district’s Board of Education elections and in the board of trustees election for the Schuylerville Public Library.
Proposition #1: Bus Purchases
Voters will determine if the district will be authorized to fund the replacement of school buses that are beyond their life expectancy. Two 65-passenger diesel buses would be purchased at a maximum cost of $214,000. Approximately $175,694, or 82.1 percent, of the cost is reimbursed to the district in the form of state aid. There is no impact on 2013-2014 taxes and the average impact over the five-year payoff period is less than 0.1 percent annually.
Proposition #2: Establishment
of Capital Reserve Fund
Voters will determine if the district will be authorized to create a capital reserve fund for the purpose of improving, renovating or replacing the district’s turf field in the future. The account, which cannot exceed $500,000, will be funded by the rental fees collected from outside organizations for the turf field use. Voter approval is needed to establish a capital reserve fund and will again be necessary when the funds are used in approximately 15 to 20 years to improve or replace the field.
Board of Education Elections
Two seats will be available on Schuylerville Central School District’s Board of Education beginning July 1, 2013. Board of Education members serve five-year terms on a voluntary basis. The following five residents are running for the two available seats: Robert Thivierge, Denise Zdobnikow (incumbent), William Corrigan, Louis Maggiore and Jon Beaulac.
Schuylerville Public Library Board of Trustees Elections
The Schuylerville Public Library is also holding elections for three seats on its board of trustees. Candidates for the three positions will be named by the library before the election is held.
