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Annex vote set in Colonie

As part of the agreement between North Colonie and Maplewood, Maplewood will keep its school for at least seven to 10 years until such time a joint committee will reassess the building's need and condition.

Maplewood students won't notice much of a change, said Steele. Already almost all of the school's ninth graders go on to finish high school at Shaker High School. The most impact the annexation will have will be on Maplewood taxpayers. Initial estimates show an immediate reduction in school property taxes.

North Colonie will see the lion's share of the annexation's financial benefits.

North Colonie stands to gain $30 million in state aid to be paid over the course of 14 years if the proposal goes through. That money could be used to fund a long list of projects throughout the district, including renovating athletic fields, building a new maintenance facility and improving schools, including Maplewood.

The district could also use the money to revamp its reserve funds, which were cut in half after the district pulled $2.75 million from it to offset rate increases next year.

For Steele, the annexation is about continued services to both Maplewood and North Colonie students, he said. Especially as Colonie's Boght area in the north, bordering Cohoes and portions of Maplewood continues to develop. Maplewood could serve to meet a growing demand in that area, said Steele.

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