Debt, new construction, inflation figure into calculation
The Beacon City School District will be able to increase its property tax levy by as much as 4.47 percent, or $2.24 million, for the 2026-27 academic year under a state-mandated tax cap.
District voters last year approved an $87.7 million budget with a $50.1 million levy, a 5.09 percent increase over the year before. There are three main factors that affect the levy, which is the amount the district can raise through property taxes. The first two — "allowable" and "tax-base" growth factors — are outside of the district's control.
Since New York State established a tax cap in 2012, the allowable growth factor has permitted public school districts to raise their levies each year by 2 percent or the rate of inflation, whichever is lower. For 2026-27, it's 2 percent.
A second factor measures the district's tax base, allowing schools to add revenue for new development. Beacon's tax-base growth factor has been the highest in Dutchess County in recent years and, while, at 1.7 percent, or $841,715, "it's still higher than the other school districts" in the county, "it is a little bit lower than it has been," said Deputy Superintendent Ann Marie Quartironi, who explained the formula to the school board on Feb. 19.
The third factor that allows a district to increase its levy is debt on capital projects. This is under the district's control, and in 2026-27 state law will permit Beacon to collect an additional $1.83 million to absorb debt in its spending plan.
The district last year applied debt for the first time on a $50 million capital project approved by voters in 2024. "That was the first step," Quartironi said. "The second step is trying to increase the debt every year in your budget," which allows the district to collect more taxes under the state formula to pay it down.
The capital project will kick off this summer with the installation of secure entryways at five of six schools (one is already secure) and upgrades of the Beacon High School theater and athletic fields. The debt will be spread over the next three fiscal years, Quartironi said.
Last year, the district did not include a proposition on the May ballot for school buses, but this year it will ask voters to approve the purchase (financed over five years) of one diesel bus and four vans, including two accessible for wheelchairs.School board members must approve the budget by the end of April. Administrators plan to share estimated tax bills with the board and community before voters make the final decision on May 19.
The district anticipates receiving more than $500,000 in added funding from New York State in 2026-27 through Gov. Kathy Hochul's universal pre-K initiative. Beacon has offered a pre-K program at its four elementary schools since 2023, and this year contributed $450,000 that can now "go to other things in the general fund," Quartironi said. "The financial impact is huge for us."
Ten percent of the state funding must be distributed to community partners. The announcement of the increased funding prompted Quartironi to issue a request for proposals last year for agencies within district boundaries to administer the program. The district, which serves about 120 pre-K students, partners with the Rose Hill Manor Day School, which is under Planning Board review to convert its preschool to a hotel, and New Covenant Learning Center.
Mirbeau Inn & Spa, scheduled to open this spring, is not expected to receive its final certificate of occupancy from the city before Sunday (March 1), so it will likely remain on the tax rolls for 2025-26. Once up and running, Mirbeau will submit payments-in-lieu-of-taxes, which will be distributed to the school district, the city, the county and the Howland Public Library.

Beacon Schools Can Raise Levy by 4.47%