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Cohoes board thanks voters; district moves ahead with planned $5 million borrowing for phase 2

May 24, 2025 | COHOES CITY SCHOOL DISTRICT, School Districts, New York


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Cohoes board thanks voters; district moves ahead with planned $5 million borrowing for phase 2
District officials told the Cohoes City School District Board of Education on May 21 that the community approved the annual budget, the capital reserve proposition and board elections, and that the district is preparing a planned long‑term borrowing to refinance short‑term capital debt.

A district official thanked community members and staff for supporting the annual budget vote and the capital reserve. “We have an annual borrowing coming up. It's a long term debt, borrowing for June. This is to pay off our short term debt for the capital project, and it's a 5,000,000, for new, for phase 2,” the official said, adding the closing is scheduled for June 25 and will require signatures from the board president and district clerk.

Officials emphasized the borrowing is planned and intended to minimize the impact to voters, noting the timing was coordinated with capital‑project planning. Board members congratulated reelected and newly elected trustees and the district administered the oath of office to Sarah Burwell during the meeting.

The board then moved to adopt a set of resolutions (agenda items 6a through 6h and 7a through 7k). The motion passed by roll call. Recorded votes during the action included affirmations by Mr. Jackson, Mrs. Snyder, Mrs. Gendron, Mrs. Hernandez, Mr. Duros and Mrs. Geller; the meeting record shows the motion passed.

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Scribe from Workplace AI
Scribe from Workplace AI