The Village Board is cutting some jobs in its 2013-14 budget and may be asked by Trustee Joe Riccio to consider bowing out of the shared-transportation facility because of the cost and lack of tangible benefits.
The shared-facility costs were made more confusing to some who thought that all three entities would see 90 percent reimbursement through the State Education Department.
But that is not so.
Only the school’s bus-garage portion would be reimbursed; there is no reimbursement for the rest of the structure.
School Board member Carol Hunter, who recently presented the proposal to the Town Council, apologized for the misconception.
In addition to construction of the 40,000-square-foot site, the town and village would pay to lease space from the School District for 99 years, but the amount has not been negotiated yet, she said.
Hunter said the town’s share of construction costs on a 20-year bond at an estimated 3.75 percent would cost $200,000 a year, and a 30-year bond at 4.2 percent would be about $160,000 per 12 months.
The village’s share across 20 years is about $213,000 at 3.75 percent and $170,000 for 30 years at 4.2 percent.
The School District’s share at 4.2 percent would be about $50,000 a year for 30 years.
In addition to confusion about reimbursement, another sticking point could be the Federal Aviation Administration.
The shared facility is proposed for a parcel of land the town owns near the existing Town Highway Garage on Route 11 at the Malone Dufort Airport.
The town needed special arrangements from the FAA a few years ago to change the airport configuration because the Holiday Inn Express and Suites was built. And the town recently turned down a request from the State Police, who wanted a truck-weighing station at the airport, saying the FAA wouldn’t approve.
Airport Manager Mark Besio suggested the FAA be brought in to the planning process for the shared facility as soon as possible.