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Schenectady board reviews preliminary $295M 2026–27 budget and May propositions
Summary
District officials presented a first look at a preliminary $295 million 2026–27 budget, reviewed a $16.1 million unassigned fund balance and $26 million in grants, and outlined three May ballot propositions including purchase of the Clarkson building for $3.3 million and a Catalina Street warehouse for about $850,000.
District leaders presented the first review of the 2026–27 preliminary budget to the Schenectady City School District board on Jan. 14, describing the process, major revenue drivers and several capital propositions the board may place on the May budget vote.
A presenter (identified in the transcript as speaker 6) said the district typically rolls forward the prior year budget, examines three-year averages, and adjusts for projected contract and program changes. The presenter said the district's current working budget figure is about $295,000,000 and that foundation aid accounts for roughly $169,000,000 of that total. The presenter warned that final figures await New York State…
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