Budget Information
Information about the 2025-26 proposed budget will be posted here as it becomes available.
Budget Vote May 20, 2025
The annual School Budget Vote and Board of Education Election takes place Tuesday, May 20, 2025 from 9:00 a.m. - 9:00 p.m. in the Mary E. Dardess Elementary School gym.
2025-26 Budget Development
At its April 8 meeting, the Board of Education adopted its proposed budget for the 2025-26 school year. The budget totals $36,317,609 and carries a projected tax levy increase of 3.66 percent, which is at the limit set by New York State’s property tax cap. Spending is up a total of $889,058, a 2.51 percent increase from the 2024-25 budget.
This budget cycle, the District had to overcome an approximately $1.4 million year-to-year budget gap caused largely by a significant reduction in school aid from the state, steep increases in health insurance and prescription plan premiums, a rise in special education costs, and inflation.
In order to balance the budget, the District reduced staffing by the equivalent of 12 positions to match declining student enrollment, cut two bus runs to match declining ridership, reduced contracted BOCES support staff services, reduced spending in the area of supplies and field trips, and applied $573,953 in unallocated fund balance. Staffing reductions were made through attrition (retirements/resignations) wherever possible. As it has in recent years, the District also applied $1,341,600 in allocated fund balance to further offset year-to-year cost increases and lower the tax levy to the level set by the tax cap.
Budget highlights include no loss of programs, a continued rich assortment of opportunities for students, the addition of an Intro to Agribusiness elective at Chatham High School, support for universal pre-k, and two bus replacement purchases. The budget also includes a small capital project to improve the bus garage’s fuel storage system.
Voters can learn more at a public hearing scheduled for May 6 at 6:00 p.m. in the Chatham High School library and the District will mail our annual budget newsletter to residents in early May.
Presentations
Budget Documents
2024-25 Budget Development Calendar
November 7, 2024 | Finance Committee Meeting (Budget Calendar) |
November 12, 2024 | Board Meeting 6:00 pm (Budget Calendar Adoption) |
November 21, 2024 | Finance Committee Meeting (Finance Reserves Plan) |
December 10, 2024 | Board Meeting 6:00 pm (Adopt Fin. Reserve Plan) |
January 30, 2025 | Finance Committee Meeting (State Aid, ERS/TRS) |
February 4, 2025 | Board Meeting 6:00 p.m. (Projected State Aid) |
February 12, 2025 | Finance Committee Meeting (Property Tax Cap, Budget) |
February 25, 2025 | Board Meeting 6:00 p.m (1st Part of Budget – Admin & Operations, Prop. Tax Cap, Action Items) |
March 6, 2025 | Finance Committee Meeting (Review Budget Updates) |
March 11, 2025 | Board Meeting 6:00 p.m. (2nd Part of Budget – Instructional, Library & Cafeteria) |
March 20, 2025 | Finance Committee Meeting (Review Budget Updates) |
March 21, 2025 | Petitions for Board Candidates Become Available |
March 25, 2025 | Board Meeting 6:00 p.m. (3rd Part of Budget – Transportation, Benefits & Special Education ) |
April 3, 2025 | Finance Committee Meeting (Review Final Budget & Recommend) |
April 8, 2025 | Board Meeting 6:00 p.m. (Adoption of 2025-26 Budget) |
April 9, 2025 | Submission of Property Tax Report Card to NYSED |
April 21, 2025 | Last Day to Submit Board Candidate Petitions |
April 25, 2025 | Early Voting/Absentee Ballots Become Available from the District Clerk |
April 30, 2025 | Copies of Budget and Required Attachments Made Available to Public Upon Request |
Voter Registration from 2:30-6:30 pm in the MED Lobby | |
April 23, 2024 | Drawing of Board candidate names for position on the ballot - 9:00 a.m. District Clerk's office |
May 6, 2025 | Annual Budget Hearing 6:00 p.m. CHS Library |
May 14, 2025 | Voter Registration from 4:00 - 8:00 pm in the MED Lobby |
May 20, 2025 | Annual Budget Vote and Elections 9:00 a.m. - 9:00 p.m. MED Gym |
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Property Tax Cap
Contrary to popular belief, the NYS property tax cap does not cap tax increases at 2%. Instead, schools must use a state formula each year to determine how much they can increase their tax levies by without having to seek a higher percentage of voter approval for the budget. This threshold may be different each year and must be determined by the District and submitted to the state by March 1st.
For 2025, Chatham's maximum allowable tax increase is 3.66 percent.
If the year-to-year increase of the District’s tax levy is at or below the number determined by the cap, a simple majority (50% + 1) of voter approval is needed to pass the budget. If the budget proposal carries a tax levy increase above the cap, a super majority (60%) of voter approval is needed for the budget to pass. More information on the NYS Property Tax Cap is available on the NY State Education Department Website.
What is a Tax Levy?
The tax levy is the total dollar amount that is raised by annual property tax to fund the budget. It provides a major portion of the funding for the budget; the other major source of funding comes from state aid.
What is Fund Balance?
Fund balance is a reserve similar to a savings account; when District expenses are less than expected, or revenues are higher than projected, money remaining at the end of the year is held in the fund balance. The District utilizes fund balance each year as revenue in the budget to minimize spending cuts and hold down tax increases.
Early Voting by Mail & Absentee Ballots
Voters who wish to vote early by mail may submit an application to vote by mail-in ballot.
Voters who are unable to vote in person on May 20, 2025 may submit an application to vote by absentee ballot.
Applications for early voting/absentee ballots will be available starting Friday, April 25 from the District Clerk in the Superintendent’s Office. The last day to submit an application for an early voting/absentee ballot is Tuesday, May 13 if the applicant wishes to receive the ballot by mail, or Monday, May 19 if the applicant wishes to receive the ballot in person.
Early voting/absentee ballots must be returned to the District Clerk no later than 5:00 p.m. on the day of the vote, Tuesday, May 20, 2025.
For more information, contact Deborah Pottenburgh, District Clerk, at 518-392-1501 or pottenburghd@chatham.k12.ny.us.
Voter Qualifications
To be eligible to vote you must be:
• A citizen of the United States 18 years of age or older
• A resident of the Chatham Central School District for a period of 30 days or more directly preceding the date of the vote
• Registered to vote with either the School District or the Columbia County Board of Elections
Voter Registration Dates
April 30, 2025 from 2:30 to 6:30 p.m. in the MED Lobby
May 14, 2025 from 4:00 – 8:00 p.m. in the MED Lobby
Current Year's Budget
The Chatham Central School District budget for the 2024-25 school year totals $35,428,551 and carries a projected tax levy increase of 2.89 percent, which is under the District’s 3.1 percent limit set by New York State’s property tax cap. Spending is up a total of $1,056259, a 3.07 percent increase from the 2023-24 budget. The District’s conservative budgeting practices, long-term financial planning, and use of reserves and fund balance to offset year-to-year cost increases helped the District keep the tax levy under the cap.
Budget highlights include no cuts to student programming and the addition of Intro to Software Development, Printmaking, Sculpture, and Residential Maintenance & Repair electives at Chatham High School, Lab Aids Cells to Organisms and Fields & Interactions science classes at Chatham Middle School, as well as funding for the new CMS robotics team. Also included in the budget are bus replacement purchases and a small capital project to install exterior security cameras on campus. Learn more about the 2024-25 budget...
Budget Information from Previous Years
2024-2025 Budget Information
2023-2024 Budget Information
2022-2023 Budget Information
2021-2022 Budget Information
2020-2021 Budget Information
2019-2020 Budget Information
2018-2019 Budget Information
2017-2018 Budget Information
2016-2017 Budget Information
2015-2016 Budget Information
2014-2015 Budget Information
2013-2014 Budget Information
2012-2013 Budget Information
2011-2012 Budget Information
2010-2011 Budget Information
2009-2010 Budget Information
Questions or comments about the budget?
Email them to budget@chatham.k12.ny.us