Budget & Finance

Each year, Queensbury works to make the most effective use of resources to benefit students, to develop and manage the budget in a responsible and transparent manner, and to be accountable to taxpayers.

Budget development | Tax information | Financial reports

2021-22 budget

On Tuesday, May 18, district residents will vote on the annual school budget and elect members to the Board of Education. 

Budget updates

District expected to receive additional federal funds; no longer seeking tax cap override

The Queensbury Union Free School District is pleased to share that it is expected to receive additional funds due to the American Rescue Plan Act. 

Thanks to education advocates in both the state legislature and Congress, the district is expected to receive an additional $3.9 million of federal aid. 

As of a result of this aid, the district will be able to maintain all of our high-quality academic programming. 

In addition, we are pleased to announce that the school district and Board of Education will no longer seek a tax cap override in next year’s budget. The district’s ability to stay within the tax cap is a direct result of the additional federal funding. The district is expected to receive additional guidance in the next few months related to the new federal funding. We anticipate this federal funding will offset additional costs associated with COVID-19 and lessen the tax burden on Queensbury residents. 

The Post-Star shared the following informative article about this update. 

Budget meetings

Budget development

Fall

  • Review enrollment data, facilities and related needs, building allocations and needs, district staffing, long-range budgetary plans and the debt service schedule
  • Present budget development calendar to the Board of Education for adoption

Winter

  • Administrators and supervisors review staffing, facility, construction, budget allocations and special needs requests
  • Departments review their budgets, staffing and long-range needs
  • Present preliminary budget forecast and budget assumptions and review the governor’s executive budget proposal
  • Budget presentations and work sessions

February

  • Board candidate petitions available

March

  • Final review of budget proposal by Board of Education

April

  • Legal ads published for annual meeting (45 days prior to vote)
  • Budget adoption by statutory deadline (April 12, 2021)
  • Board candidate petitions due by statutory deadline (April 19, 2021)
  • Property tax report card due to SED and newspaper
  • Publicize budget information and hold budget informational meetings

May

  • Conduct voter registration 5-14 days before vote (May 10, 2021, 1-7 p.m. at QHS)
  • Budget Hearing held 7-14 days before vote (May 10, 2021)
  • Mail budget notice after budget hearing, but no later than six days before vote
  • Budget vote and board election (May 18, 2021)

Tax information

School tax rates

Listed below are the school tax rates for the past several years. Tax rates are per $1,000 of assessed property value. The district sets final tax rates each August, after the towns finalize assessment figures and the state sets the equalization rates. 

  • 2020-21: $21.55
  • 2019-20: $21.25
  • 2018-19: $20.41
  • 2017-18: $20.55
  • 2016-17: $20.15

STAR program

Homeowners who meet certain eligibility requirements through the New York State School Tax Relief Program (STAR) can have a portion of their home’s assessed value exempt from school property taxes. Learn more about the STAR program.

Financial reports