Susquehanna Valley

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When you enter the voting booth May 21, 2019

  • You will be asked to look at a spending plan for the 2019-20 school year totaling $39,036,437. This represents an increase in spending over the current year’s budget of $1,039,463 or (2.74%) and calls for an increase in the district property tax levy of 2.94%. However, it is important to know that the average taxpayer will be responsible for only 1.86% of this tax levy
  • You will be asked to fill two seats on the Susquehanna Valley Board of Education. These seats were held by Robert Sullivan and Suzanne Vimislik. Mrs. Vimislik is seeking re-election. Mr. Sullivan is not. Two candidates, Ryan Remza and Mrs. Vimislik, have submitted petitions to seek election to the Board. Learn more about the candidates:
    RYAN REMZA'S BIO
    SUZANNE VIMISLIK'S BIO 
  • You will be asked to consider a bus purchase proposition. You will vote on a measure authorizing the District to purchase one (1) 66-passenger bus,  one (1) 57-passenger bus, and one (1) 22-passenger bus, including incidental equipment, expenses, and preliminary costs at an aggregated maximum estimated cost of $436,000 to be repaid over five years through bonds.

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The Proposed 2019-2020 SVCSD Budget:
PROGRAM COMPONENT
ADMINISTRATIVE COMPONENT
CAPITAL COMPONENT 

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Bus purchase proposition on May 21 ballot

When you vote May 21, you will be asked to consider a bus purchase proposition. You will vote on a measure authorizing the District to purchase one (1) 66-passenger bus,  one (1) 57-passenger bus, and one (1) 22-passenger bus, including incidental equipment, expenses, and preliminary costs at an aggregated maximum estimated cost of $436,000 to be repaid over five years through bonds.

The Cost of Vehicle Acquisition
If the voters approve the bus purchase proposition, the total amount of the borrowing including interest is estimated to be $475,240 over five (5) years at 3.00% interest. State transportation aid will cover 80.0% of the cost of the buses, or $380,192, over five years. As part of the District’s ongoing bus replacement plan, it is not anticipated the purchase will increase the tax levy.

The Need for New Buses
The Susquehanna Valley School District currently maintains a fleet of thirty-five (35) buses, each of which travels 50 – 150 miles per day on some very challenging rural roads. One of the buses in the fleet is seventeen (17) years old. It is a credit to our transportation department and the staff of mechanics that these buses are capable of safely transporting our students throughout the district and beyond for athletic contests, field trips, etc.
2019-20 Tax Levy information
Inflation and the "2% Tax Cap"
 
The maximum allowable budgetary increase for inflation under the New York State Tax Levy Limit is 2.00%. Despite this, the Tax Levy Limit for this budget allows for an increase to the Tax Levy of 2.94%.
 
A common misconception regarding the Tax Levy Limit, or as it more commonly referred to “2% Tax Cap,” is that it is entirely driven by the rate of inflation (CPI). There are actually four major components to the Tax Levy Limit: CPI, actual growth to the tax base, changes to the budget required to maintain capital spending previously approved by the voters, and changes to the Payment In Lieu Of Taxes (PILOT) payments received by the School District.

The Tax Base Growth Factor, calculated by New York State, represents actual “brick and mortar” developments to property; either new construction or significant improvements to existing properties. It does not represent the simple appreciation of property (increase in value over time).
 
PILOT payments represent monies paid to the School District instead of the actual school taxes. The PILOT agreements are often entered into between a business and the Broome County Industrial Development Agency (IDA). The PILOT agreements are offered as an incentive for business growth in the area. PILOT agreements allow the businesses to pay a reduced amount of property taxes, usually with an increasing portion of the actual assessment as the PILOT Agreement proceeds. An increase in the amount of the PILOT Payments causes an equal decrease to the Tax Limit.

All of these factors contributed to this year’s “2% Tax Cap.” The following table details the factors and their effect on the levy as a whole and to the average Susquehanna Valley taxpayer.
 
 
Susquehanna Valley Central School District - 1040 Conklin Rd. Conklin, New York 13748 - (607) 775-0170

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