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South Colonie board adopts $139 million 2025-26 budget; tax and capital debt drive increase
Summary
The South Colonie Central School District Board of Education approved a $139,000,005.50 balanced budget for 2025-26 and moved propositions to May 20 ballots; board members said much of the increase is attributable to new capital-project debt tied to ongoing high school work.
The South Colonie Central School District Board of Education approved a $139,000,005.50 balanced budget for fiscal year 2025-26 at its April 23 meeting, with a 6-0 roll call vote.
Board members heard a presentation from district finance staff summarizing the budget before the vote. The district said the proposed levy increase is tied largely to new capital-project debt from ongoing high school and district facility work; aid increases — including projected building and foundation aid related to completed projects — are expected to offset part of the cost.
During a brief recap, the district reported an expenditure increase of roughly $10 million (about an 8.36% change noted in the presentation) and said approximately 43% of the year-to-year increase is…
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