Facilities Project Financials

Proposed Maximum project cost: $41,500,000 NYS Building Aid (89% contribution): $36,935,000 New York State pays for 89% of the project costs. That money comes from taxes NYS has already collected from the community. Voter-approved school facilities projects return this money to the community. District Contribution: $1,000,000. The district is providing money saves through financial efficiency to lower the local impact. Local Contribution: the average estimated tax ipact on an individual with a $100,000 full value home: Basic star: $1.46/month, $17.54/year. enhanced STAR $0.52/month, $6.29/year