The project will contribute millions of tax dollars for Nyack.
school district budget
This project will add over $2.3 million to the Nyack school budget, which will provide critical resources for nearly 3,000 Nyack students. Because the project will only add 19-30 students, it will not create school overcrowding and generate a net positive cash flow of $1.8 - $2 million for the school district. The project is a win-win for Nyack’s school children.
This project will generate approximately $503,257 in new property taxes. Given that the budget of the Village of Nyack is $5.8 million, the project will add more than 8% of additional revenue to the Village’s budget!