The $46,983,114 proposed 2019-20 budget adopted by the Oneida City District Board of Education on April 23, 2019 reflects a .93% budget increase.
Oneida received a 3.22% increase in Foundation Aid over the current school year budget. Foundation aid is the largest portion of unrestricted aid received by the District. The proposed tax increase is 2.49% over 18-19 and complies with the Tax Cap Law.
On a home assessed at $100,000, the overall tax bill increase for 2019-20 after the Basic STAR exemption would be $41.79. For senior citizens with Enhanced STAR, the tax bill increase would be $19.82 for 2019-20. In general, the tax increase equates to approximately .597 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.
A second bus proposition will appear on the May 21st ballot requesting authorization to lease five - seventy seat passenger buses for five years at an annual cost not to exceed $109,000 per year.
Click HERE for narrated budget presentation by Mary-Margaret Zehr and James Rowley.