Budget & Finance

Public schools are among the most significant investments that any community makes collectively. District leaders work to make the most effective use of resources to benefit students, to develop and manage the budget in a responsible and transparent manner, and to be accountable to taxpayers.

Voter-Approved 2021-22 School Budget

Niskayuna Central School District voters on Tuesday, May 18, 2021, approved the 2021-222 school budget, with 1,423 casting votes in favor of the $93.1 million spending plan and 1,276 opposed.  Learn more about the 2021-22 school budget

Current Year Budget (2021-21) Information

In an absentee ballot-only vote tallied on June 9, 2020, Niskayuna voters approved the 2020-21 budget by a vote of 3,618 in favor and 2,255 opposed.

Access budget information for previous years

Tax Rates

Tax rates for the four municipalities in the district are set each August. Here are the tax rates for 2020-21 for each town in the district.

Homestead

  • Niskayuna: $19.8392 per $1,000
  • Glenville: $23.6158 per $1,000
  • Colonie: $33.0231 per $1,000
  • Clifton Park: $39.1322 per $1,000

Non-Homestead

  • Niskayuna $26.3981 per $1,000
  • Glenville: $31.0817 per $1,000
  • Colonie: $43.8452 per $1,000
  • Clifton Park: $51.4690 per $1,000

Learn more about tax rates and view historical tax information

Reserve Funds

Reserve funds, like other savings plans, are mechanisms for accumulating cash for future capital outlays and other allowable purposes. The practice of planning ahead and systematically saving for capital acquisitions and other contingencies is considered prudent management. View an overview of the reserve funds the district has and the balances of each as of the end of the last fiscal year

Voter Information

The annual school budget vote and Board of Education election takes place on the third Tuesday in May each year. Voting takes place at Niskayuna High School between the hours of 7 a.m. and 9 p.m. To vote, you must be a U.S. citizen, 18 years or older, and a district resident for at least 30 days prior to the vote. Personal identification and proof of residence may be requested. Absentee ballots are also made available prior to each vote. Learn more about voting and requesting an absentee ballot

Audited Financial Statements & Fiscal Transparency

The district’s audited financial statements are audited independently each year and a state-required fiscal transparency report is filed and posted. Access financial statements and transparency reports