The Glens Falls Post Star has an interesting report in this morning’s edition.<\/p>\n
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.<\/p>\n
But the community’s primary source of school funding, the Adirondack forest preserve, still remain untouched, according to School superintendent Clark Hults.<\/p>\n
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.<\/p>\n
“In terms of property tax, we still will get revenue from the state land. I think that’s our saving grace,” Freiman said.<\/p><\/blockquote>\n