State aid prevents cuts to Saratoga schools
The Saratoga Springs City School District will raise its tax levy less than initially planned in 2013-14, after receiving $1.5 million more in state aid than expected.
District officials initially projected the amount of property taxes it collects would increase by 3.9 percent from this school year. With the infusion of the unexpected state aid, the district expects to increase the tax levy by 2.9 percent, to $74.7 million, district officials said this week.
The updated version of the budget is available below.
The district’s final state aid figure for 2013-14 is $28.6 million, as compared with the $27.1 million initially projected in the governor’s proposed budget. State aid in the current budget is $28.2 million.
A full story on the budget is available HERE.
The Board of Education is expected to adopt a final 2013-14 budget of $112.6 million when it meets at 7 p.m. Tuesday at Saratoga Springs High School. The public will vote on the budget proposal May 21.
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