October 14, 2008

The latest information from the financial advisors provides the Board of Education with two options:

• a proposed $27.778 million project that would include construction of a new library at the high school and conversion of the current library into art classrooms and an art gallery, expansion from three to four middle school science labs, enclosure of the middle school library, new roofs on the elementary schools (except Glendaal, which was done last summer), replacement of the 10-year-old computer/telephone servers and network, rehabilitation of the 30-year-old family and consumer science classrooms at the middle school; upgrades to the 50-year-old technology education classrooms at the high school, installation of an all-sport synthetic turf field and new running track, installation of solar energy panels on Sacandaga Elementary School as well as other projects that have been discussed since the spring.

That option would increase taxes by an estimated 1.99 percent, phased in during the 2010-11 and 2011-12 school years. On a Glenville assessment of $160,000, the average in the school district, taxes would increase by a maximum of $62.40 per year or $5.20 per month based on the current tax rate.

• a proposed $26.76 million project that would renovate and expand the current library and renovate art classroomsexpansion from three to four middle school science labs, enclosure of the middle school library, new roofs on the elementary schools (except Glendaal, which was done last summer), replacement of the 10-year-old computer/telephone servers and network, rehabilitation of the 30-year-old family and consumer science classrooms at the middle school; upgrades to the 50-year-old technology education classrooms at the high school, installation of an all-sport synthetic turf field and new running track, installation of solar energy panels on Sacandaga Elementary School as well as other projects that have been discussed since the spring.

That option would increase taxes by an estimated 1.89 percent, phased in during the 2010-11 and 2011-12 school years. On a Glenville assessment of $160,000, the average in the school district, taxes would increase by a maximum of $59.20 per year or $4.93 per month based on the current tax rate.