School Budgets 101
2023-24 Approved Budget
- Total budget: $41,266,000
- Year-to-year budget change: $1,536,000 (3.87%)
- Year-to-year tax levy change: $155,650 (0.95%)
By a vote of 478 to 204 (70.1%), residents of the Broadalbin-Perth Central School District approved a $41,266,000 budget for the 2023-24 school year. The approved budget calls for a 3.87% spending increase from the 2022-23 school year and a tax levy increase of 0.95%, which is above the district’s calculated tax levy cap of –8.38%.
District residents also approved (519 to 160) a proposition that will allow Broadalbin-Perth to purchase three 66-passenger buses, two vans, and one large SUV. The state will pay for approximately 80% of the cost of the purchase, and there is no tax increase associated with the bus purchase.
Voters also approved (479 to 202) a proposition to establish a capital reserve fund. The fund will be used to pay for the local share of future capital project expenditures and may be funded up to $10,000,000 over 10 years.
2022-23 Enacted Budget
- Total budget: $39,730,000
- Year-to-year budget change: $969,250 (2.50%)
- Year-to-year tax levy change: $154,185 (0.95%)
By a vote of 507 to 134, residents of the Broadalbin-Perth Central School District approved a $39,730,000 budget for the 2022-23 school year. The approved budget calls for a 2.5% spending increase from the 2021-22 school year and a tax levy increase of 0.95%, which is below the district’s calculated tax levy cap.
District residents also approved (516 to 125) a proposition that will allow Broadalbin-Perth to purchase four 66-passenger school buses. The state will pay for approximately 80% of the cost of the purchase, and there is no tax increase associated with the bus purchase.
STAR Information
For questions regarding STAR Exemptions, contact the STAR Program directly at (518) 457-2036.