It has been two weeks since I challenged Mayor Bramson to justify
his statement that there is a $2 million surplus in school funding from downtown development. There has still been no response from the Mayor.
At the time I had asked:
When I called into WVOX radio to challenge this assertion you cut me off. Is this your idea of public service? You make unsubstantiated claims and then suppress those among the public who dare question your claims?
Since then I have come to learn that there are eighty (80) children enrolled in the New Rochelle Public School District from Avalon on the Sound (41 students) & Avalon on the Sound East (39 students). The break down by school from both buildings is;
Trinity 32 students
NRHS 18 students
IEYMS 13 students
Barnard 11 students
Ward 2 students
Webster 2 students
Columbus 1 students
Out of District 1 students
TOTAL 80 students*
NOTE: “Out of District” students require services which the New Rochelle School District cannot provide and typically cost from 2 to 5 times more then average.
According to the recent school budget, the District spends about $20,000 per student; the 80 students registered impose a $1.6 million cost on the school district.
Figures obtained from the City’s property portal and computations supplied by the assessor’s office reveal that Avalon 1 would pay $3.8 million in taxes at 100% taxation. Of that $3.8 million the school district would receive about $2.4 million. I cannot calculate Avalon 2 taxes because the city has not yet assigned any taxable values. Keep in mind Avalon 2 is a much taller skyscraper with many more apartments so its taxable value is much greater resulting in significantly increased taxes.
The reality is that for 30-years, both Avalon buildings pay nothing ($0) in school tax to the New Rochelle Public School District. So Mayor Bramson, in light of the preceding information you must now prove a bare minimum — and likely far more — of $6 million in school tax revenue to justify your claim of a $2 million school surplus without adding the insult of the tax abatements given to Avalon 2.
Not to worry, in about 25 years both Avalon buildings will be paying full taxes after exercising their option to purchase the land for $1 from the New Rochelle Industrial Development Agency (IDA)!
* Figures supplied by New Rochelle Board of Education