The financial outlook for Saratoga School District, like everywhere else, has a great deal to do with the economy and the housing market.

Declining home values and foreclosures have caused the residential property tax base in Saratoga School District to decline more than 5 percent for both the current fiscal year and next fiscal year. Residential property represents about 52 percent of Saratoga’s total tax base, with commercial and industrial property each representing approximately 22 percent. Farmland is the remaining classification, representing slightly over 5 percent of the total tax base. 

Each year I provide a five-year financial projection to the board of education and interested community members. I do my best to anticipate tax-base growth or declines, enrollment, curriculum, staffing, state funding and other factors that influence the school budget. These projections provide the board with information to make informed decisions.