Budget Information

2020-21 Budget

Development of Chatham Central School District’s 2020-2021 budget is currently underway. Information pertaining to the budget will be posted to this page as it becomes available.

2020-21 Budget Development Calendar

October 22, 2019Board Meeting 6:00 pm (budget calendar adoption)
October 30, 2019Finance Committee Meeting (contract negotiations review)
November 5, 2019Board Meeting 6:00 pm
November 21, 2019Finance Committee Meeting (finance reserve plan, preliminary phase 1s)
December 3, 2019Board Meeting 6:00 pm (adopt fin. reserve plan)
January 23, 2020 Finance Committee Meeting (state aid, ERS/TRS)
January 28, 2020Board Meeting 6:00 p.m. (projected state aid)
February 6, 2020Finance Committee Meeting (property tax cap, budget)
February 11, 2020Board Meeting 6:00 p.m. (1st part of budget – admin & operations, prop. tax cap, phase 1’s)
February 13, 2020Finance Committee Meeting (review budget updates)
February 25, 2020Board Meeting 6:00 p.m. (2nd part of budget – instructional, library & cafeteria, phase 2’s)
March 5, 2020Finance Committee Meeting (Review budget updates)
March 10, 2020Board Meeting 6:00 p.m. (3rd part of budget – transportation & benefits)
March 19, 2020Finance Committee Meeting (review budget updates)
March 24, 2020Board Meeting 6:00 p.m. (special education & budget adjustments)
April 2, 2020Finance Committee Meeting (review final budget & recommend)
April 7, 2020Board Meeting 6:00 p.m. (adoption of 2020-2021 budget proposal)
April 8, 2020Submission of Property Tax Report Card to NYSED
April 27, 2020Copies of Budget and required attachments made available to public upon request
May 5, 2020Annual Budget Hearing 6:00 p.m.
May 19, 2020Annual Budget Vote and Board Elections 9:00 a.m. – 9:00 p.m.

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 carried 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