2017-2018 Budget

2017-18 Budget Information

Aligning our resources to support our district goals has been a key factor in the development of the 2017-18 budget. Links below are provided for the 2017-18 Budget Presentation and for the 2017-18 full 85-page Public Hearing Packet.

Resources provided in the budget allow the district to meet all of its contractual obligations and provide a high quality education that prepare students for life, college and career. While our special needs education costs have increased substantially and health insurance rates continue to increase well beyond the rate of inflation, the District has fashioned a budget that complies with the tax cap law.

The $44,230,234 proposed 2017-18 budget adopted by the Oneida City School District Board of Education on April 25 reflects a 3.44% budget increase.

Oneida received a 3.1% ($495,592) increase in Foundation Aid over the current school year budget. The proposed tax increase is 2.36% ($392,361) over 2016-17.

On a home assessed at $100,000, the overall tax bill increase for 2017-18 after the Basic STAR exemption would be $38.50. For senior citizens with Enhanced STAR, the tax bill increase would be $19.09 for 2017-18. In general, the tax increase equates to approximately 55 cents per $1,000 of assessed property value annually. Please remember that final assessments and equalization rates are not available until August at which time we will finalize the tax rates.

 
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