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Saranac Lake school district begins budget process

Saranac Lake Central School Assistant Superintendent for Business Dan Bower gives a budget presentation to the School Board Feb. 1 at the Petrova School library.

Saranac Lake Central School Assistant Superintendent for Business Dan Bower gives a budget presentation to the School Board Feb. 1 at the Petrova School library. Photo by Andy Flynn.

— As for the tax cap, Bower estimates that the state would allow a $496,742 maximum increase this year. But that number is preliminary, since the state calculates the maximum tax increase with an eight-step formula.

“We don’t know at least six of those steps right now,” Bower said.

The tax levy for the 2011-12 school year is $18,295,387.

The school district invites taxpayers to attend its public budget hearings and announced the budget-planning schedule on Feb. 1, when the process was officially kicked off.

Here is the rest of the schedule:

Feb. 15: Budget Workshop at regular BOE meeting

March 1: Submit information to calculate Tax Levy Limit on Office of State Comptroller’s website

March 7: Second Public Budget Forum and budget workshop at regular BOE meeting

March 21: Budget Workshop at regular BOE meeting

April 20 (Latest Possible Date): Adopt 2012-13 meeting at special BOE meeting

April 21 : Districts Must Transmit “Property Tax Report Card” to SED

May 1: Budget booklets and required attachments distributed

May 8 : Public Hearing on the Budget

May 9: Deadline for Mailing “Budget Notice” (6 days before vote)

May 15: Annual Budget Vote and School Board Election

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