Budget Information

2019-20 Budget

On May 21, 2019, District voters approved the budget for the 2019-20 school year. The budget totals $31,583,390 and carries a projected tax levy increase of 1.24 percent, which stayed at the 2019 limit set by New York State’s property tax cap. Spending is down $352,915, a 1.11 percent decrease from the 2018-19 budget.

2019-20 Budget Documents

Property Tax Cap Information

Contrary to popular belief, the NYS property tax cap does not cap tax increases at 2%. Instead, schools must use a state formula each year to determine how much they can increase their tax levies by without having to seek a higher percentage of voter approval for the budget. This threshold may be different each year and must be determined by the District and submitted to the state by March 1st.

Chatham CSD’s tax cap for 2019 was 1.24%.

If the year-to-year increase of the District’s tax levy (portion of the school budget funded by property tax) is at or below the number determined by the cap, a simple majority (50% + 1) of voter approval is needed to pass the budget. If the budget proposal carries a tax levy increase above the cap, a super majority (60%) of voter approval is needed for the budget to pass. More information on the NYS Property Tax Cap is available on the NY State Education Department Website.

Budget Information from Previous Years

2018-2019 Budget Information
2017-2018 Budget Information
2016-2017 Budget Information
2015-2016 Budget Information
2014-2015 Budget Information
2013-2014 Budget Information
2012-2013 Budget Information
2011-2012 Budget Information
2010-2011 Budget Information
2009-2010 Budget Information

Questions or comments about the budget?

Email them to budget@chatham.k12.ny.us