Budget Information

Budget Vote May 15, 2018

Voting on the 2018-19 Chatham Central School District Budget takes place 9:00 a.m. – 9:00 p.m. in the MED Elementary School gymnasium. Information pertaining to the 2018-19 budget proposal will be posted here as the budget is developed.

2018-19 Budget Documents

CCSD 2017-2026 Financial Reserve Plan

2018-19 Budget Development Presentations

1st Part of Budget, Admin & Operations, Tax Cap – Feb 13, 2018

State Aid – January 23 2018

Financial Reserves Plan Update – January 23, 2018

2018-19 Budget Development Calendar

November 30, 2017       Finance Committee Meeting (Staff charts, PD, budget calendar)

December 12, 2017       Board Meeting 6:00 pm (Budget Calendar Adoption)

December 14, 2017        Finance Committee Meeting (Financial Reserves Plan Review)

January 18, 2018           Finance Committee Meeting (State Aid, ERS/TRS Fin. Reserve Plan)

January 23, 2018            Board Meeting 6:00 p.m. (Projected State Aid, Adopt Fin. Reserve Plan)

February 8, 2018            Finance Committee Meeting (Property tax cap, budget,  Instructional Staffing Issues)

February 13, 2018          Board Meeting 6:00 p.m (1st Part of Budget – Admin & Operations, Prop. tax cap, Phase 1’s – Instructional Staffing Issues)

February 26, 2018          Finance Committee Meeting (Review budget updates)

February 27, 2018          Board Meeting 6:00 p.m. (2nd Part of Budget – Instructional, Library & Cafeteria, Phase 2’s)

March 1, 2018                Deadline to Certify Property Tax Cap

March 8, 2018                Finance Committee Meeting (Review budget updates)

March 13, 2018              Board Meeting 6:00 p.m. (3rd Part of Budget – Transportation & Benefits)

March 22, 2018              Finance Committee Meeting (Review budget updates)

March 27, 2018              Board Meeting 6:00 p.m. (Special Education & Budget Adjustments)

April 12, 2018                Finance Committee Meeting (Review final budget & Recommend)

April 17, 2018                Board Meeting 6:00 p.m.  Adoption of 2018-2019 Budget  

April 18, 2018                Submission of Property Tax Report Card to NYSED

April 24, 2018                Copies of Budget and required attachments made available to public upon request

May 1, 2018                   Annual Budget Hearing 6:00 p.m. CHS Library

May 15, 2018                 Annual Budget Vote and Elections 9:00 a.m. -9:00 p.m. MED Gym

Property Tax Cap Information

Contrary to popular belief, the NYS property tax cap does not cap tax increases at 2%. Instead, public 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.

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.

 

Current Year’s Budget

2017-2018 Budget Information

Budget Information from Previous Years

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