The Board of Education will meet on Tuesday, April 8, to adopt a budget for the 2014-15 school year, to be considered by voters at the polls in May.
The proposed budget will sustain all current programs for next year. The deliberations on April 8 are expected to primarily focus on the tax levy increase and levels of reserves.
This will be a continuation of the discussion from the April 1 meeting, when the Board was provided an update on the final state budget and the options that some additional aid for Niskayuna provides in budget decision making. The state budget includes about $533,000 more in aid for Niskayuna than the Governor's proposal in January, which the district had been using in its planning.
The budget initially recommended by the district administration called for a tax levy increase of 2.81 percent next year. The district would close a budget gap through the use of reserves, an administrative restructuring plan, and retirement savings. The additional state aid would allow the district to lower the tax levy increase, limit the amount of reserves used next year, or some combination of the two - proposing a tax levy increase less than 2.81 percent while maintaining greater reserves for the future.
The decision about the tax levy and reserves will not impact student programs. District leaders have agreed that the budget will fund all current programs next year.