Budget & Finance


The Lake George Central School District budget is developed specifically each year to support the mission, vision, and values of the LGCSD community. 

Budget Information 2024-25

Click here to view information about the 2024-25 budget

Budget Process Overview

Budget development schedule

  • March 25, 2024 – Nominating petitions available to board candidates
  • April 4, 2024 – First public notice published
  • April 9, 2024 – Board of Education Regular Meeting – Undistributed Items; and Anticipated Revenues – Presentation of and Approval of Budget; Approval of Property Tax Report Card.
  • April 10, 2024 (Not later than 4/29/2024) – Property Tax Report Card filed
  • April 18, 2024 – 2nd Public Notice of Annual Meeting.
  • April 22, 2024 – Nominating petitions for Board Candidates due.
  • April 23, 2024 -Vote on BOCES budget and BOCES Board of Education Members.
  • April 26, 2024 – Permanently Disabled Absentee Ballots & Military Ballots mailed.
  • April 29, 2024 – Property tax report card to the Post Star.
  • May 2, 2024 – 3rd Public Notice of Annual Meeting.
  • May 7, 2024 – Public Hearing on proposed budget. Meet the Candidates Night.
  • May 7, 2024 – School Budget Notice mailed.
  • May 14, 2024 – Deadline for requests by mail for Absentee Ballots.
  • May 14, 2024 – Regular Board meeting.
  • May 16, 2024 – 4th/Final Public Notice of Annual Meeting.
  • May 20, 2024 – Deadline for requests in person for Absentee Ballots.
  • May 21, 2024 – Receipt of Absentee Ballots in hand by 5:00 pm.
  • May 21, 2024 – Annual Meeting & Budget Vote & BoE Election – Elementary School.

Current Operating Budget

On Tuesday, May 21, voters in Lake George Central School District passed a $25,467,399 budget proposal for the 2024-25 school year by a vote of 320-78. Under the approved budget, a 2.69% tax increase will maintain programming and enhance safety for Lake George students next year.

“I have immense gratitude for our community’s unwavering commitment to education. The passage of this budget is a testament to our shared vision of providing a nurturing and enriching environment for every student within the Lake George Central School District. Together, we have paved the way for a brighter future brimming with opportunities and academic excellence,”  says Superintendent John Luthringer. 

The voters also approved the purchase of one 65-passenger electric vehicle bus not to exceed $160,000 of a vote of 284-114.

Budget Archive

  • Budget 2022-2023: $24,367,652
  • Budget 2021-2022: $23,909,749
  • Budget 2020-2021: $23,909,749
  • Budget 2019-2020: $23,815,468
  • Budget 2018-2019: $23,349,989

Fiscal Transparency

The Lake George Central Schools Board of Education has an Audit Committee and Policy Committee to meet its legal and fiduciary obligations.

Click here to view the financial statements and supplementary information.

Click here to view the extra classroom activity fund-class basis.

Audit & Finance Committee

Chair: Mario Fasulo
Katie Bruening
Rosemarie Earl

View the Audit and Finance Committee Charter.

View the 2022 Lake George CSD Financial Statements and Supplementary Information

View the 2022 Lake George Extraclassroom Activity Fund-Cash Basis

View the Lake George CSD Restricted Fund Balance (Reserve Funds) Plan

View the Credit Rating from Moody’s Investors Service

View a Report of Examination of Purchasing by NYS Comptroller

View the ARP-ESSER Application: Part 2 – ARP Act

NYS School Tax Relief (STAR)

New York State’s School Tax Relief Program, also known as STAR, provides partial school property tax savings to eligible homeowners. Most New Yorkers who own and live in their homes are eligible for STAR savings on their primary residences. Because the STAR program is not a district program, a taxpayer’s STAR savings are not factored into a school budget.

Whether you receive the STAR exemption or the credit, there are two types of STAR benefits:

Basic STAR

  • Available for owner-occupied, primary residences;
  • The income limit for the Basic STAR credit is $500,000 (the income limit for the Basic STAR exemption is $250,000);
  • Based on the first $30,000 of the full value of a home

Enhanced STAR

  • Provides an increased benefit for the primary residences of senior citizens (age 65 and older) with qualifying incomes:
    • $93,200 or less for the 2023-2024 school year
    • $98,700 or less for the 2024-2025 school year
  • Based on the first $81,400 of the full value of a home for the 2023-2024 school year.

The STAR benefit applies only to school district taxes. It doesn’t apply to county, town, or city taxes, except in the cities of New York, Buffalo, Rochester, Yonkers, and Syracuse.  In those five cities, the exemption is applied partly to city taxes and partly to school taxes.

Note: Senior citizens receiving STAR may also be eligible for the senior citizens exemption. See New York State Department of Taxation and Finance’s Senior Citizens Exemption page to learn more.

Resources

Access resources from the New York State Department of Taxation and Finance:

Voting Information

Polling Location

Lake George Elementary School 
69 Sun Valley Drive, Lake George, NY 12845

Absentee Balloting

The Board of Education authorizes the District Clerk or a Board designee to provide absentee ballots to qualified District voters. Absentee ballots will be used for the election of School Board members, School District public library trustees, the adoption of the annual budget and School District public library budget and referenda.

A District voter must request in advance an application for an absentee ballot. The voter must complete the application and state the reason they will not be able to appear in person on the day of the District election/vote for which the absentee ballot is requested. The application must be received by the District Clerk or Board designee at least seven (7) days before the election/vote if the ballot is to be mailed to the voter, or the day before the election/vote if the ballot is to be delivered personally to the voter.

Pursuant to the provisions of Education Law, a qualified District voter is eligible to vote by absentee ballot if they are unable to appear to vote in person on the day of the School District election/vote because:

  • They are or will be a patient in a hospital, or is unable to appear personally at the polling place on the day of the election/vote because of illness or physical disability;
  • They have duties, occupation or business responsibilities, or studies that require being outside of the county or city of residence on the day of the School District election/vote;
  • They will be on vacation outside of the county or city of residence on the day of such District election/vote;
  • They will be absent from the voting residence due to detention in jail awaiting action by a grand jury or awaiting trial, or is confined in prison after conviction for an offense other than a felony; or
  • They will be absent from the School District on the day of the School District election/vote by reason of accompanying spouse, parent, or child who is or would be if they were a qualified voter, entitled to apply for the right to vote by absentee ballot.

Statements on the application for absentee ballot must be signed and dated by the voter.

An absentee ballot must reach the Office of the District Clerk or Board designee not later than 5 p.m. on the day of the election/vote in order for their vote to be canvassed.

A list of all persons to whom absentee ballots have been issued will be maintained in the Office of the District Clerk or Board designee and made available for public inspection during regular office hours until the day of the election/vote. Any qualified voter may, upon examination of such list, file a written challenge of the qualifications as a voter of any person whose name appears on such list, stating the reason for such challenge. The written challenge shall be transmitted by the District Clerk or Board designee to the election inspectors on the day of the District election/vote. In addition, any qualified voter may challenge the acceptance of the absentee voter’s ballot of any person on such list by making their reasons known to the election inspector before the close of the polls.

Applicants needing an absentee ballot must personally fill out, in full, the Affidavit on the Absentee Ballot Application below, sign it and then mail, or deliver, this application to:

District Clerk
Lake George Central School District
381 Canada Street
Lake George, NY 12845

In the alternative, applicants may come to the office of the District Clerk to obtain and complete an application and absentee ballot up to the day before the election, budget vote and votes on propositions.

Thereafter, the envelope containing one absentee ballot must reach the office of the District Clerk of the Lake George Central School District not later than 5:00 p.m. on the day of the election, budget vote and votes on propositions.

Download the Absentee Ballot Application

Download the Early Voter Application

Voter Eligibility

  • At least 18 years of age
  • A United States citizen.
  • A legal resident of the District at least 30 days immediately prior to this election. (Continuous and uninterrupted.) (A voter may have only one legal domicile (residence) that is their place of permanent residence.

Your legal residence is the address on your:

  • Driver’s License
  • Federal Income Tax Forms
  • Car registration and/or other government registration forms
  • Where you are registered to vote in county, state and federal elections.

A resident can only have one legal residence, which is their place of permanent residence.

RFP Bids

There is one open bid for the Lake George Central School District.

LGCSD Advocacy Page

District Business Office Personnel

Lake George Central School Business Office
518-668-5455 – Telephone

518-668-2285 – FAX

School Business Administrator
Bonnie Hart

Account Clerk/Typist
Lauren Hull

Payroll Clerk
Michaela White

School District Treasurer
Rene Palmer