East Greenbush Central School District has proposed a capital project that will improve each of our schools and the communities they serve. Through replacement of aging systems, safety and health improvements and updated technology and instructional classroom space, we can continue to provide students with an excellent education and protect taxpayer assets.
The cost of the proposed plan is $39,796,042, but because of state aid and expiring debt, any added financial impact to taxpayers will be eliminated.
The capital project is separated into three different propositions for the May 16 ballot.
- Proposition #4 – $17,206,812 (Priority 1.1)
- Proposition #5 – $16,946,944 (Priority 1.2)
- Proposition #6 – $5,642,286 (Priority 1.3)
Voting is cumulative on these propositions, so a higher number proposition cannot pass unless each lower number proposition passes (e.g., Propositions 5 and 6 can only pass if Proposition 4 passes).
Priorities by Type
Instructional Space Improvements – $5,419,246
Science and Technology Rooms
Classroom Cabinetry and Casework
Elementary Gymnasium Floors
Technology Upgrades – $4,886,490
Lighting System Controls
Wireless Access Points
Two-Way Transportation Radios
Transient Surge Protection
Safety and Health – $6,055,895
Smoke Alarms and Carbon Dioxide Detection
Public Address System
Card Access and Key Entry Systems
Heating and Ventilation
Emergency Lighting at Exterior Doors
Phase Protection on Electric Service
Other Safety Improvements
Aging Systems Replacement – $23,434,411
Plumbing and Bathrooms
Heating and Ventilation
Flooring, Electric and Ceilings
Turf Field and Lighting
Doors and Foundations
Total – $39,796,042
Cost of the Capital Project
The $39,796,042 capital project will have no additional local tax impact. State building aid will cover $27,258,299 of the cost and return to the local community some of the taxes it pays to the state. The remaining balance of $12,537,743 is the local share of the cost, but the project will be tax neutral due to the retirement of district debt.
The estimated cost impact prior to retirement of existing debt equates to:
- No Impact in 2017-2018 and 2018-2019
- 1.6% of Tax Levy in 2019-2020
- 2.7% of Tax Levy in 2020-2021 and 2021-2022
- 2.5% of Tax Levy from 2022-2023 to 2036-2037
- The savings from retiring bonds (debt obligations) should cover the net impact of this proposed project. Therefore, there will be no additional tax impact.
How does 1.6% of tax levy relate to me?
A house with an assessed value of $300,000 would see an annual increase in taxes of $83.52/year or $1.61/week. However, the financial impact to taxpayers will be eliminated when debt is retired following the 2019-2020 school year.
Where do I vote?
Residents will vote at their normal school voting locations. Click here for more information.