A tax-free proposition to complete facilities upgrades at 14 buildings
The exact language that will appear on the May 19 ballot
regarding Proposition #3 follows below. Please note that while
school districts are required to obtain voter approval on
language that authorizes both the authority to borrow the funds
and to issue a tax levy for capital projects such as this,
the full cost of this
project will be covered without any additional tax impact on
residents or businesses. This will be achieved by
matching district Capital Reserve funds with state aid.
Shall the bond resolution adopted by
Board of Education authorizing reconstruction of various
District buildings, including site work, and the acquisition of
original furnishings, equipment, machinery or apparatus required
for the purpose for which such buildings are to be used at a
maximum aggregate cost of $13,944,000, expenditure of $4,951,000
from the Capital Reserve Fund and providing that $8,993,000 (and
the interest thereon) be raised by a tax levy to be collected in
annual installments, with District obligations to be issued in
anticipation thereof, be approved?
In addition to the 2015-16 budget proposal, voters will be asked May 19
to consider two separate facilities projects that would be completed
with no additional tax impact on residents or businesses.
Proposition #3 will ask voters to approve facilities upgrades and
improvements at 14 buildings district-wide. The total cost for these
projects would be about $13.9 million, with the district allocating
about $4.9 million from its Capital Reserve Fund and
state aid accounting for the balance of the costs.
for a list of estimated costs for the project by building.
The largest single project included in this proposed capital project
would be at Albany High School, where a large section of an exterior
wall collapsed late this winter. The collapsed wall revealed additional
repairs needed to be made to the Albany High pool area and equipment.
The total costs of these repairs would be about $4 million.
The district-wide work also would include a new roof at Albany School of
Humanities (ASH) at a total estimated cost of about $1.3 million. ASH
was renovated and expanded during the early 1990s and was the only
district elementary school not included in the major facilities project
during the 2000s. Additional work at ASH would include work on the
parking lots, and electrical and heating and air-conditioning systems.
Other buildings included in the project are:
Abrookin Career and Technical Center
Arbor Hill Elementary School
Eagle Point Elementary School
Giffen Memorial Elementary School
Harriet Gibbons Student Services Center
Stephen and Harriet Myers Middle School
New Scotland Elemetnary School
North Albany Academy
Schuyler Achievement Academy
Sheridan Preparatory Academy
Thomas O'Brien Academy of Science and Technology (TOAST)
Follow the link below for information about the second ballot
proposition voters will consider May 19: