Webster CSD 2024-25 Property Tax Levy Formula Total Real Property Tax Levy for Fiscal Year 2024-25 Tax Base Growth Factor as a Percentage Tax Base Growth Factor, in dollars PILOTS receivable in 2024-25, estimated Sub total – Property Tax Levy, Growth Factor and PILOTS Capital Tax Levy for 2024-25 Sub total – subtracting Capital Tax Levy
2024-25 $119,571,960) 0.0102 $1,219,634) $1,250,000) $122,041,594) $2,964,185) $119,077,409)
2025-26 $123,567,672) 0.0088 $1,087,396) $1,250,000) $125,905,068) $3,375,383) $122,529,685)
Allowable Levy Growth Factor (CPI Index) Sub total – multiplying Allowable Levy Growth Factor PILOTS receivable in 2025-26, estimated Sub total – Property Tax Levy Limit Before Exclusions Tax Levy Necessary for Expenditures from Tort Orders/Judgements Capital Tax Levy for 2025-26 Tax Levy Necessary for Pension Contribution Expenditures over 2 % - ERS Tax Levy Limit, Plus Exclusions
2.00% $121,458,957) $1,250,000) $120,208,957) $0) $3,375,383) $25,340) $123,609,680)
2.00% $124,980,278) $1,250,000) $123,730,278) $0) $3,818,774) $0) $127,549,052)
Proposed Tax Levy for 06/30/2026
$123,609,680 Increase in $ % Increase
$127,549,052 $3,939,372 3.19%
Webster Capital Exclusion Calculation 2024-25
Webster BOCES Capital Exclusion and Pension Exclusion Calculation 2025-26
Building Debt Service
($
9,885,525)
2024-25 BOCES
Bus Debt Service
($
1,781,240)
Rent
$465,660
$301,282
$164,378
BOCES Capital Debt
($
780,673)
Capital
$315,013
$203,813
$111,200
Transfer to Capital
($
100,000)
$780,673
$505,095
$275,577
Total Debt Service
($
12,547,438) 2025-26 Projected BOCES
Building Aid Calculation
SA151-6
($
7,816,340)
Lead Testing Reduction
SA151-6
($
(1,500)
Building Condition Survey
SA151-6
$-
Total Building Aid
($
7,814,840)
Transportation Estimated Output Report Line 60
($
1,231,386)
Transportation Capital Aid
($
852,119)
BOCES Estimated Capital Debt
($
780,673)
BOCES Capital Aid
($
505,095)
Total Aid
($
9,172,054)
Total Exclusions
($
3,375,383)
Building Debt Service
($
10,644,725)
Bus Debt Service
($
1,691,543)
BOCES Capital Debt
($
823,132)
Transfer to Capital
($
600,000)
Total Debt Service
($
13,759,400)
Building Aid Calculation
($
8,417,891)
Lead Testing Reduction
($
(3,695)
Total Building Aid
($
8,414,196)
Transportation Estimated Output Report Line 60
($
1,504,568)
Transportation Capital Aid
($
1,030,629)
BOCES Estimated Capital Debt
($
823,132)
Estimated Aid Ratio (Per Governor's Run)
($
0.639)
BOCES Capital Aid
($
495,801)
Total Aid
($
9,940,626)
Total Exclusions
($
3,818,774)
Estimated Aid Ratio (Per Governor's Run)
0.692
Estimated Aid Ratio (Per Governor's Run)
0.666
Webster Capital Exclusion Calculation 2025-26
Building Condition Survey
Estimated Aid Ratio (Per Governor's Run)
0.685
Cost
Aid
Cost
Local Share
Aid
Local Share
Rent
$267,893
$171,184
$96,709
Capital
$555,239
$324,617
$230,622
$823,132
$495,801
$327,331
Principal and Interest (Bonds) $12,953,473 Project with
$43,539,223 Project with
$69,500,000 Project with
$85,000,000 Project with
$3,238,368 Capital Reserve
Addiions/Renovations
Addiions/Renovations
Addiions/Renovations
Issued May of 2016
Issued June of 2019
Issued June of 2019
Final Payment June of 2031
Final Payment June of 2040
Final Payment June of 2043
Year
Principal
Interest
Principal
Interest
Principal
Interest
2023 - 2024
$535,000
$255,000
$1,825,000
$1,679,175
$1,220,000
$2,227,050
2024 - 2025
$560,000
$228,250
$2,100,000
$1,049,450
$2,350,000
$3,052,125
2025 - 2026
$590,000
$200,250
$2,160,000
$977,600
$3,575,000
$3,141,875
2026-2027
$620,000
$170,750
$2,225,000
$903,050
$3,730,000
$2,730,363
2027-2028
$650,000
$139,750
$2,300,000
$825,550
$3,785,000
$2,556,988
2028-2029
$680,000
$107,250
$2,365,000
$744,900
$3,810,000
$2,380,488
2029-2030
$715,000
$73,250
$2,450,000
$661,450
$3,990,000
$2,219,100
2030-2031
$750,000
$37,500
$2,540,000
$574,350
$4,180,000
$2,015,388
2031-2032
$2,620,000
$483,500
$4,370,000
$1,819,625
2032-2033
$2,720,000
$389,100
$4,580,000
$1,614,925
2033-2034
$2,810,000
$290,450
$4,795,000
$1,400,325
2034-2035
$1,930,000
$187,900
$5,015,000
$1,175,575
2035-2036
$1,310,000
$136,400
$5,250,000
$940,463
2036-2037
$1,335,000
$110,200
$5,500,000
$694,275
2037-2038
$1,365,000
$83,500
$3,985,000
$436,300
2038-2039
$1,390,000
$56,200
$3,125,000
$254,788
2039-2040
$1,420,000
$28,400
$1,485,000
$109,225
$1,085,000
$46,113
Total
$5,100,000
$1,212,000
$34,865,000
$9,181,175
$65,830,000
$28,814,991
Principal
Interest
$0
$0
$0
$0
Principal and Interest (Bonds)
Year
$1,663,000)
$1,566,000)
$1,687,500)
$1,600,000)
$1,200,000)
2020-21 Buses
2021-22 Buses
2022-23 Buses
2023-24 Buses
2024-25 Buses
Issued 10/30/20
Issued 10/15/2021
Issued 10/18/2022
Issued 10/18/2023
Issued 10/18/2024
Principal
Interest
Principal
Interest
Principal
Interest $94,538
Principal
Interest
Principal
Interest
2023 - 2024
$335,000
$17,150
$310,000
$22,269
$307,500
2024 - 2025
$340,000)
$10,400)
$315,000
$17,375
$330,000
$48,600
$280,000
$89,689
2025 - 2026
$350,000
$3,500
$320,000
$10,825
$340,000)
$35,200)
$315,000)
$46,500)
$205,000
$65,518
$330,000
$3,713
$350,000
$21,400
$325,000
$23,700
$235,000
$35,469
$360,000
$7,200
$335,000
$20,500
$245,000
$26,163
$345,000
$6,900
$250,000
$16,263
$265,000
$5,631
$1,200,000
$149,044
2026-2027 2027-2028 2028-2029 2029-2030 2030-2031 2031-2032 2032-2033 2033-2034 2034-2035 2035-2036 2036-2037 2037-2038 2038-2039 2039-2040 Total
$1,025,000
$31,050
$1,275,000
$54,181
$1,687,500
$206,938
$1,600,000
$187,289