• City of Johnstown,   $22.14645 per $1,000 of assessed value
• Town of Johnstown, $19.62343 per $1,000 of assessed value
• Town of Ephratah,   $18.45537 per $1,000 of assessed value
• Town of Palatine,    $26.27545 per $1,000 of assessed value
• City of Gloversville, $15.50251 per $1,000 of assessed value

The District made a concerted effort to reduce all spending during 2010/11. These efforts resulted in the use of less fund balance than projected during the 2010-2011 budget planning process. In order to return some of the unexpended funds to the taxpayers, the 2011-2012 tax warrant has been prepared with a zero increase; the tax levy will remain at $7,200,614, the same level as last year. Because municipality tax rates are set based on assessed values provided by tax assessors and municipalities, while the tax levy* remains the same for 2011-2012, the tax rates** will change as follows:

*Tax Levy: The total sum to be raised by the school district after subtracting out all other revenues including state aid. The tax levy is used to determine the tax rate for property owners in each of the cities, towns or villages that makes up a school district.

**Tax Rate: The amount of tax paid for each $1,000 of assessed value of property. In districts that cover just one municipality, the tax rate is figured simply by dividing the total assessed property value by 1,000 and then dividing that again into the tax levy (the amount of money to be raised locally). In districts that encompass more than on municipality, the formula for figuring the tax rate is more complicated. It involves assigning a share of the total tax levy to each municipality and applying equalization rates to take into account different assessment practices.

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