Category: Finance & Voting Portfolio
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Reserve Funds: Saving for the Future
The School Communications Portfolio has prepared a fact sheet to help school districts explain the purpose, rules, benefits and types of reserve funds in New York. Consider sharing this fact sheet with school boards, employees, taxpayers and other key stakeholder groups during meetings, in a mailing or as part of budget publications.
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Capital Improvement Project Infographic
What is a capital improvement project? Give your community the answer with the new capital projects infographic from the School Communications Portfolio.
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Fiscal transparency law includes new reporting requirements
A law, approved in 2016, aimed at increasing the transparency of New York state school district finances will take effect in school fiscal year 2017-18. The new statute – Chapter 514 of the Laws of 2016 — will require districts to post certain budget and finance documents on their websites, if one exists, and will…
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Understanding the Alternative Veterans Tax Exemption
Help taxpayers understand the impact of this tax exemption
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Communicate about the impact of the Alternative Veterans Tax Exemption in your school community
The Alternative Veterans Tax Exemption law was amended in December 2013 to permit school districts to offer the exemption to taxpayers along with municipalities. Because tax exemptions such as these may cause a significant tax shift among taxpayers, offering them is a decision that is not taken lightly by district leaders. The School Communications Portfolio…
Recent blog posts
Recent Portfolio Releases
- Executive budget proposal includes 2% minimum Foundation Aid increase for schools
- Considering state and federal holidays, contingency days and weather closings when preparing the 2025-26 school calendar
- Prepare for a crisis before it occurs with internal resources for school leaders
- Advisory: Schools must notify parents ahead of safety drills
- Required notifications for school districts (2024-25)