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Board approves transfer of roughly 80.5 acres to Savage Elementary District
Summary
Trustees voted to transfer an approximately 80.5-acre parcel to the Savage Elementary District after hearing district staff estimate the property tax return would be about $1,200 annually while tuition costs for the affected students could total roughly $33,455 per year.
The Sydney Public Schools Board of Trustees voted to accept a formal request from Savage to transfer an approximately 80.5-acre parcel that the district currently partly owns. The Chair presented tax and tuition estimates for trustees to consider and recommended approving the transfer rather than contesting it and incurring legal fees.
Board staff estimated the district would receive about $1,200 per year in property tax on the parcel but noted that, if the affected children attended Savage under current arrangements, tuition revenue foregone would be about $33,455 per year while the district might still educate fewer local students. The Chair said legal fees to litigate the transfer likely would outweigh the financial benefit of retaining the land.
A trustee moved to accept the land-transfer request; the motion was seconded and the board approved the transfer by voice vote. The Chair recorded "motion carried" in the minutes.
Board staff said the deed and paperwork specify the parcel and limit future disputes about acreage. Any related budget or revenue changes will appear in upcoming financial reports.
The board’s action concludes the district’s review of the Savage request; the transfer will be processed in accordance with the paperwork presented.
