Property owners in the Ravena-Coeymans-Selkirk Central School District will be paying a touch less than expected on their 2011-12 school year taxes.
The district’s school board has decided to use $50,000 worth of the undesignated fund balance to lower the final tax levy to a 2.28 percent increase, instead of a 2.5 percent hike voters had approved in June, after the district’s original budget proposal was defeated.
The final tax rates by town are as follows, per $1,000 of assessed property value: Bethlehem: $19.44; Coeymans: $18.86; New Scotland: $19.64; and New Baltimore $26.37.
The owner of property assessed at $100,000 in Bethlehem will see a tax bill increase of $45.43; in Coeymans, a tax bill increase of $44.07; in New Scotland, a tax bill increase of $5.09; and in New Baltimore, a tax bill decrease of $51.17.
The different rates are due to the varying states of assessment in each of the municipalities. The state issues equalization rates each year to better spread out the tax burden.
The 2011-12 school year budget is $42.4 million. Tax bills will be mailed in early September and are due back be Sept. 30 without penalty.
A more detailed tax rate spreadsheet is available at rcscsd.org.
