Is the Newcomb school being "saved" by the Adirondack forest preserve

The Glens Falls Post Star has an interesting report in this morning’s edition.

The newspaper points out that the town of Newcomb, in the heart of the Adirondacks, faces a cut of nearly $90,000 in state school aid next year.

But the community’s primary source of school funding, the Adirondack forest preserve, still remain untouched, according to School superintendent Clark Hults.

Newcomb’s tax base is formed quite differently than at other school districts. The state owns most of the land in the town, a small community comprised of forests and mountains. Property taxes paid by the state is a significant source of revenue for the school district.

“In terms of property tax, we still will get revenue from the state land. I think that’s our saving grace,” Freiman said.

Read the full article here.