Calendar Correction: Friday, May 16, 2014 will be a half-day for students with staff development in the afternoon.
Word of the month for December - Caring
5th Grade Chorus and Band concert, 7 p.m. HS
Senior Picture make-up day
Early Dismissal for students K-12
Schoharie Valley Concert Band Concert, 7:30 @ C-R HS theatre
Dec. 16 @ 7 p.m.
Board of Education meeting
Golding Middle School Library
3-4 Grade Chorus, HS Stage Band concert @ 7 p.m. HS
Middle School Orchestra and Grades 7-8 Band concert, 7 p.m. MS
Driver Education Parent Meeting, 6:15 @ HS library
Concert snow date
Radez Holiday Rally
Dec. 23-Jan. 3
Winter recess, no school
Oct. 4, 2011
Why the 'tax levy limit' isn’t the final levy limit
A look at the exemptions under the law
Note: This story reflects information as of the published date. It will be updated should any new information/clarifications be made available at the state level.
The “cap” or threshold that determines whether a district needs a simple (50 percent plus 1) or super (60 percent) majority to pass a school budget is based on the tax levy limit.
However, it is possible for a district to propose a school budget that carries a tax levy that is above the limit and still only need a simple majority for it to pass.
This is because the new law allows certain exemptions to be excluded from the tax levy limit.
Those exceptions currently include capital local expenditures, certain court orders/judgments, and certain portions of employee retirement costs.
Capital tax levy is the tax levy necessary to support capital local expenditures. Capital local expenditures are the local taxpayer-supported portion of the capital tax levy. It is budget expenditures resulting from the construction, acquisition, reconstruction, rehabilitation or improvement of a district capital facilities or equipment, including debt service and lease expenditures and transportation capital debt service that are funded by the taxpayers.
The Court orders/judgment exemptions are the tax levy necessary for expenditures resulting from court orders or judgments arising out of tort actions for any amount that exceeds 5 percent of the total taxes levied in the current school year. This excludes tax certioraris.
Pension contribution cost increases that exceed two percentage points are also exempt. For example, if employer pension contribution costs increase from 14.6 percent of payroll to 16.8 percent — a 2.2 percent different — only the funding for 0.2 percent of the increase is exempt.
Once those exceptions are added to the tax levy limit, the result is the maximum allowable levy a district can propose for which only the approval of a simple majority of voters (more than 50 percent) is required. Any proposed tax levy amount above this limit will require budget approval by a supermajority (60 percent or more) of voters.
As always, parents, staff, students and taxpayers are urged to voice their opinions on these matters to our elected leaders. Click here for elected leaders' contact information.
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.