SAP News

Executive Budget Proposal for FY 2025
Governor Kathy Hochul will deliver her Executive Budget Proposal this afternoon at 1 p.m. For more information, please visit her website.

Allowable Levy Growth Factor for the 2025-26 Tax Levy Limit 2.0%
A key factor in calculating the tax levy limit is the allowable levy growth factor, which is the lessor of 1.02 or (1+ the inflation factor), with a minimum of 1.0. According to the Bureau of Labor Statistics, CPI-U increased 2.9% before seasonal adjustment. The...

Knowledge Café – January 22nd at 9 am
Topics: SBO Calendar for February 2025, Tax Cap Resources, Kathy’s Corner – Reconciling Private Placement Bills, Overview of GASB103 and the New Financial Reporting Requirements, and Reviewing Some of the “Mysteries” of BOCES Billings PowerPoint CPE/CTLE CPE...

Reminder to Save the Date for our Winter Virtual Workshop
Wednesday, February 12th 9 am to 11 am We will host our Winter Workshop virtually on February 12th from 9 am to 11 am. There is no registration required to attend the session and as always there is no fee to participate. The webinar will be recorded and posted to our...

Projected Building Aid Impact for Final Cost Reports Receive 2/15
For Chapter 97 projects in which Final Cost Reports and/or Final CSCs are not received in time for the February 15th database file, project expenses will not be included in the enacted budget for aid projections. Initial payment calculations for next year’s building...

Building Aid Impact for Final Cost Reports Receives After 2/15
For Chapter 97 projects in which Final Cost Reports and/or Final CSCs are not received in time for the February 15th database file, project expenses will not be included in the enacted budget for aid projections. Initial payment calculations for next year’s building...

Coffee Talk – January 15th at 9 am
Topics: Tax Cap Reporting and How to Calculate and Project Building Aid PowerPoint CPE/CTLE CPE Attendance Form Use the Coffee Talk link at the top of our website.

Knowledge Café – January 22nd at 9 am
Topics: SBO Calendar for February 2025, Tax Cap Resources, Kathy’s Corner – Reconciling Private Placement Bills, Overview of GASB103 and the New Financial Reporting Requirements, Reviewing Some of the “Mysteries” of BOCES Billings and Questions and Answers PowerPoint...

Reauthorization for STAC Online Users
School District Superintendents must recertify or suspend STAC Online users by January 15, 2025 via the XTEND screen. Failure to do so will result in being locked out of the STAC Online System (EFRT) for your district.

Save the Date for our Winter Virtual Workshop
Wednesday, February 12th 9 am to 11 am We will host our Winter Workshop virtually on February 12th from 9 am to 11 am. There is no registration required to attend the session and as always there is no fee to participate. The webinar will be recorded and posted to...