Improving Our Elementary Level Education

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On Tuesday, Oct. 24, residents will go to the polls to vote on the $53.93 million “Renewing Spaces, Inspiring Futures: It Starts with K-5” capital project. The project carries an overall estimated tax rate increase between 2.44 and 3.41% or, roughly a 0.5 to 0.7% annual tax rate increase over a five year period. (The estimated average tax increase is contingent upon the sale of property on Jenkins Road and a final determination by the State Education Department on the aidability of the classroom addition at Pashley Elementary School.)
Additionally, the district will maximize the New York state building aid that is available for the maintenance of school facilities. BH-BL is slated to be reimbursed 76% of eligible expenses bringing the local share of the proposed $53.93 million project down to $12.94 million. Given that, the district estimates this project would result in a $125-175 total tax increase to a property in the district with a median market value of $275,000, which would likely be phased in at $25-35 per year over five years.