Letter from the Superintendent

Scott TaylorOn December 11, 2018, North Collins Central School District residents will have an opportunity to vote on a Capital Improvement Project Proposition that is designed to address District needs in the areas of building repairs, heating, instruction and safety. 

The plan was developed by following a long range plan that included the participation of professional architects, building administrators and staff.  The final project list was created by considering the current condition of items and what would happen if an item were not replaced in the proposition.  The result of the review included highest priority infrastructure items and a blended list of school building enhancements to support each school’s educational programs. 

The Proposed Capital Project uses New York State Building Aid. These State revenue sources are specifically earmarked for capital projects. The local share comes from the North Collins CSD Capital Reserve Fund, which is a fund designated for Capital Projects.  Using this fund keeps the local tax impact at 0%. 

The North Collins financial strategy for this capital project includes the use of capital reserves and state aid revenues to offset principal and interest payments for the life of the new debt.  This results in NO taxpayer impact for the cost of the project.

Capital Reserves

The district has increased the capital reserve over the past several years to its present level of about $2,500,000. That amount will be used for the capital project to lower the amount to be borrowed and thus, lower the associated interest costs.

State Aid

The state reimburses districts to maintain their buildings. The economies of scale and efficiencies secured during capital projects helps to safeguard the financial stability of school districts and the integrity of the educational program. The rate at which the state reimburses varies from district to district. North Collins is currently reimbursed at 81.5% of aid-eligible portions of voter approved capital projects. It is estimated that about 95% of the project is eligible for state aid, and of that 95%, the district would receive aid for 81.5% of those costs. The aid would result in just over $11,400,000 coming to the district to cover the portion of Interest and Principal payments not covered by the use of capital reserve funds.

Please visit our website if you would like additional information on the Capital Improvement Project or please attend the Community Forum held on November 27 at 5:30 pm in the auditorium at the Jr.-Sr. High School to discuss the Capital Improvement Project. On behalf of the Board of Education, the faculty and staff, the administrative team, and most importantly, the students ... thank you for your continued support.

I hope to see you along the way,



Scott Taylor
NCCSD Superintendent

 


 

NCCS Mission Statement

The North Collins Central School District is a safe and supportive learning environment that strives to maximize educational opportunities for all students, faculty, staff, and community members.  We nurture responsibility, creativity, energy, and open-mindedness to empower successful contributors to a global society.




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