VOTE - May 16
Everything you need to know for the Tuesday, May 16 Vote!
Voter Information
On Tuesday, May 16, the public will vote on the proposed 2017-2018 Troy City School District Budget, the proposed Capital Reserve Fund, and will elect three Board of Education members for three-year terms.
Polling Sites:
SCHOOL 2 - Middleburgh & Tenth St.
SCHOOL 12 - 475 First St.
SCHOOL 14 – 1700 Tibbits Ave.
SCHOOL 16 – Collins & Walker Ave.
SCHOOL 18 – 412 Hoosick St.
CARROLL HILLS SCHOOL 112 Delaware Ave
Poll Hours 7:30 a.m. to 8 p.m.
Call 328-5070 if you have questions about your polling location.
2017-2018 Budget
The proposed 2017-2018 School District Budget was developed with the goal of being both educationally sound and fiscally responsible. The plan maintains all programs and staff for the fourth consecutive year.
- Total: $112,018,797
- Tax Levy: $36,273,420
- Tax Levy Increase: 0.45%, at the allowable tax cap. For an estimated $100,000 home, the annual tax levy increase would be $10, less than $1 a month.
- Budget-to-Budget Decrease: 0.8% (The 2016-2017 Budget included a $3.5 million "Transfer to Capital" consisting of one-time revenues used to pay for the local share of the 2016 Capital Project.
- Operational Increase: 2.4%
Budget Highlights
- Maintains all programs and staff.
- Maintains small class sizes.
- Expenditures decreased for equipment purchases.
- Expenditures increased for transportation, out-of-district Special Education tuition and health benefits.
Property Tax Relief Credit
Because the District stayed within the tax cap again, eligible taxpayers qualify for the new property tax relief credit:
- STAR eligible taxpayers making less than $275,000 a year should receive a percentage of their STAR benefit, lower incomes receive a higher percentage.
- Credit fully phased in as of 2019.
Visit our website for more information about the proposed 2017-2018 Budget.
Capital Reserve Fund Proposition
What is it?
A Capital Reserve Fund is a savings account the District may fund over the course of 10 years up to a maximum of $4.5 million.
Will it increase my taxes?
No. There is no future tax impact on residents by establishing the reserve.
Where will the $4.5 million come from?
The reserve will be funded by setting aside one-time revenues and unused surplus funds, much like the Infrastructure Upgrade Capital Project approved by voters last year.
Didn't we just approve a Capital Project last year?
Yes. Last year's project covers less than half of the upgrades identified in the Building Condition Survey. The Capital Reserve Fund will allow the District to save for items not covered by that project. This Capital Reserve Fund, combined with Building aid, allows the District to pay for future projects without affecting taxes.
Visit our website for more information about the proposed Capital Reserve Fund.
Board of Education Election
Contact us
Email: news@Troycsd.org
Website: www.troycsd.org
Location: 475 1st Street, Troy, NY, United States
Phone: 518-328-5052
Facebook: facebook.com/TroyCSD
Twitter: @TCSD