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Heuvelton Central School invites public to discuss proposed $6.7 million capital project

Posted 3/11/15

HEUVELTON -- Heuvelton Central School will host a public meeting tonight at 6:30 p.m. to explain the proposed $6,755,000 capital improvement project. The meeting will be held in the Large Group …

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Heuvelton Central School invites public to discuss proposed $6.7 million capital project

Posted

HEUVELTON -- Heuvelton Central School will host a public meeting tonight at 6:30 p.m. to explain the proposed $6,755,000 capital improvement project.

The meeting will be held in the Large Group Instruction Room, just past the high school art room.

Representatives from the architectural firm SEI Design, Albany, will be on hand to explain the proposed upgrades to the district’s facilities.

Heuvelton Central School District’s State Building Aid Ratio is 94.4 percent. This means that for every $1 of eligible project cost .944 cents will be reimbursed to the district, according to a release from the district.

In addition to the building aid from the state, the district will apply $350,000 of unappropriated fund balance to help reduce the remaining cost of the local share.

The marginal cost of this project for the taxpayers will be about $6 per year for a taxpayer with Enhanced STAR exemption and full value assessment of $100,000.

The Capital Improvement proposal will go to voters of the Heuvelton CSD on March 26, 2015. Polls will be open from 1 to 8 p.m.