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July 7, 2014
Board of Education Meeting
Golding Middle School Library at 7:00 p.m.
Nov. 22, 2011 - Updated Jan. 26, 2011
Tax levy limit formula
The following formula demonstrates how a school district would calculate its “tax levy limit,” as well as the “maximum allowable levy."
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As always, parents, staff, students and taxpayers are urged to voice their opinions on school budget concerns to our elected leaders. Click here for elected leaders' contact information.
Calculating the Tax Levy Limit
Taxes levied for exemptions during prior year
Adjusted Prior Year Tax Levy
Payments in lieu of taxes (PILOTS) receivable in the coming year
Coming school year exemptions
(applicable portion of capital levy and court orders, pension costs)
For a printable PDF of the formula and
definitions, please download a PDF of
New York’s Tax Levy Limit Formula: How does it add up? from
Capital Region BOCES and Questar III.
This page is maintained according to Web publishing guidelines used by the Cobleskill-Richmondville Central School District. All rights reserved. This Web site was produced in cooperation with Nanette Morges Blake, C-RCS Public Information Specialist, and the Capital Region BOCES Communications Service. © 2013. The district is not responsible for facts or opinions contained in linked Web sites. Click here for the C-RCS Web site accessibility policy statement.