Budget

On Tuesday, June 9, Valley Central School District residents approved a Budget of  $108,429,011 and held the budget to budget increase to 1.5%. It was the goal of this budget to review, reallocate and re-purpose resources to meet the District Strategic Goals.  Twelve positions were eliminated through attrition in this budget.

The 2020-21 VCSD Budget is one of the lowest budget-to-budget increases in VCSD budget history which can be found here.    

The Tax Levy stayed within the tax levy limit for 2020-21 at 2.86%.  The Tax Levy History can be found here.

Across the state, 99% of the school budgets for the 2020-21 school year that stayed within the tax cap were passed by voters according to the NYS School Boards Association. Valley Central was one of those districts. 

In this election, voters also approved:

Two seats on the board of education: Voters re-elected one incumbent and one new candidate to fill two seats on the Valley Central School District Board of Education. The elected members, in the order they appeared on the ballot, are Joseph Bond and Katie McKnight.

Three-Part Budget

Program Budget: $88,773,568 (83%)

The Program Budget includes:  The salaries and benefits of all teachers, guidance counselors, aides, monitors, psychologists, nurses, social workers, and speech therapists. Also included are the costs associated with all the instruction and extra-curricular programs. 

Capital Budget: $9,676,066 (9%)

The Capital Budget includes: Debt service on buildings; bus purchases; tax certiorari and court-ordered costs; and operations and maintenance costs including custodial staff.

Administrative Budget: $8,979,377 (8%)

The Administrative Budget includes: The salaries and benefits of all professional members who spend 50 percent or more of their time in administration and supervision. Also included are:

  • clerical staff;
  • public information;
  • curriculum development and supervision;
  • research, planning, and evaluation;
  • legal services; and
  • school board-related costs.

Sources of Revenue 

State Aid: $35,645,649  (33%)
Tax Levy:  $63,403,532  (58%)
Other:         $9,379,820      (9%)


The Valley Central School District is a collective investment by the community in its future and a reflection of its values. It is the responsibility of district leaders to work to manage the use of resources to provide the best education possible according to the mandates and requirements of the NYS Department of Education and Board of Regents to the community’s students while at the same time, developing and managing the district budget responsibly with accountability to all community members, including the taxpayers. The Board of Education is charged to adopt a budget in the spring of each school year for the following school year that is presented to the community for a vote, held on the third Tuesday in May.

The process of creating a budget that allows the district to achieve its district goals begins months before the vote.  Learn more about creating a school budget here. 

New York State Schools are funded by property taxes.  Typically, school taxes make up about two-thirds of a property owner’s annual tax bill across the state. Valley Central School District’s taxes are collected through the Town of Montgomery Assessor’s office, which collects the taxes from all the residents of the seven towns that comprise the district.  Property tax bills can be looked up here for any property in the district. 

New York State offers the STAR Program to help relieve the tax burden of property owners.  There is a program for homeowners under the age of 65 and an enhanced program for homeowners over the age of 65.  The program is controlled by New York State and was recently changed by New York State in 2019.  Learn more about the STAR Program here. 

Valley Central School District offers two additional tax exemption programs to senior citizens and veterans.  Learn more about VCSD tax exemption programs here.