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South Colonie outlines 2026–27 budget priorities, tax‑cap estimate and May bond proposition
Summary
District staff presented 2026–27 student support priorities, explained the tax‑cap inputs and proposed a May 19 vote with four propositions including a $13 million borrowing to leverage $4.7 million in capital reserve for NextGen capital work and air‑conditioning upgrades.
District staff presented details of the 2026–27 budget development and a proposed capital plan that would go to voters in May.
Ms. McAllister, presenting the student support services portion of the budget, said the district must submit a preliminary tax‑cap figure to the state by March 1 and plans to submit 3.5128% while estimating a 3.49% levy increase for planning purposes. She described the tax‑cap calculation as the combination of (1) the allowable levy‑proportion (the 2% cap component),…
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