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A tax-free proposition to complete facilities upgrades at 14 buildings

Proposition #3

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. Click here 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

  • Academy Park

  • 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:

  • Proposition #2 will ask the public to authorize the construction of a new athletic field at Albany High School, as well as drainage and parking improvements to the school's rear athletic fields. The total cost for this project would be about $2.5 million. As with Proposition #3, all of this work would be done with no additional tax impact on residents or businesses.

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