May 17, 2016—Cohoes City School District residents approved a $41.4 million budget for the 2016-17 school year by a vote of 353 in favor to 117 opposed. The budget includes a spending increase of 2.82 percent over the current 2015-16 fiscal year and carries a 0 percent tax levy increase. This means the district will collect the same amount of taxes ($14,710,755) as last year.
Residents of the city also elected four members to the Board of Education. Jeremy McDonald and Andrea Frangie received the highest number of votes and were both re-elected to the board to serve second terms. Margaret Giller, who received the third highest number of votes, will also serve a full three-year term beginning July 1, 2016. Mark Pascale will fill a vacancy created by a resignation earlier in the current school year, serving a one-year term effective immediately and ending June 30, 2017.
“We were very proud to present a responsible budget for the community’s consideration that not only addressed the needs of our students, but also came with a 0 percent tax levy increase,” said Jennifer Spring, Superintendent. “We’re working hard to reduce gaps in learning and improve our student outcomes while ensuring we are fiscally conservative, keeping our residents and taxpayers in mind.”