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City school district introduces budget
The Saratoga Springs City School District is planning on raising almost another $3 million in local taxes to pay for the 2013-2014 budget, according to a budget presentation from earlier in the week.
The entire presentation from district Assistant Superintendent of Business Kurt Jaeger is available below.
The 2012-2013 budget raised $72,649,904 in local taxes and the proposed budget calls for $75,483,250 in local taxes. This would be $6 million more than was raised in taxes for the 2009-2010 budget.
The local tax levy will make up about two-thirds of the district's revenues, with about 25 percent coming from state aid and the rest from other sources. According to the budget presentation, the district is getting $1.1 million less in state aid.
Almost half of the budget's spending is on instruction and about 30 percent is on benefits. The budget includes about $113 million in spending.
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