Budget Information

2022-23 Budget Information

Development of the 2022-23 school year budget is currently underway. Information pertaining to the budget will be posted here as it becomes available.

 2022-23 Budget Development Calendar

November 3, 2021

Finance Committee Meeting (Budget Calendar, contract negotiations update)

November 23, 2021

Board Meeting 6:00 pm (Budget Calendar Adoption)  

December 2, 2021

Finance Committee Meeting (Finance Reserves Plan)

December 21, 2021

Board Meeting 6:00 pm (Adopt Fin. Reserve Plan)  

January 27, 2022

Finance Committee Meeting (State Aid, ERS/TRS)

February 1, 2022

Board Meeting 6:00 p.m. (Projected State Aid)

February 10, 2022

Finance Committee Meeting (Property tax cap, budget)        

February 15, 2022

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

March 3, 2022

Finance Committee Meeting (Review budget updates)

March 8, 2022

Board Meeting 6:00 p.m. (2nd Part of Budget – Instructional, Library & Cafeteria)

March 17, 2022

Finance Committee Meeting (Review budget updates)

March 22, 2022

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

March 31, 2022

Finance Committee Meeting (Review final budget & Recommend)

April 5, 2022

Board Meeting 6:00 p.m.  Adoption of 2022-2023 Budget

April 6, 2022

Submission of Property Tax Report Card to NYSED (by the end of the business day following budget adoption) (No less than 24 days prior to budget vote)

April 29, 2022

Copies of Budget and required attachments made available to public upon request (No less than 14 days prior to budget vote)

May 10, 2022

Annual Budget Hearing 6:00 p.m. 

May 17, 2022

Annual Budget Vote and Elections (Absentee Ballot must be returned by 5 PM)

 

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.

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.

Voter Qualifications:

To be eligible to vote you must be:
• A citizen of the United States 18 years of age or older
• A resident of the Chatham Central School District for a period of 30 days or more directly preceding the date of the vote
• Registered to vote with either the School District or the Columbia County Board of Elections

Current Year's Budget

The 2021-22 budget totals $33,050,383 and carries a projected tax levy increase of 1.76 percent, which is under the limit set by New York State’s property tax cap. The budget is up a total of $693,528, a 2.14 percent increase from the 2020-21 budget. Read Budget Overview…


Budget Information from Previous Years

2020-2021 Budget Information
2019-2020 Budget Information
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

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