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Binghamton City School District previews 2025–26 budget, cites 3.26% maximum tax‑levy limit
Summary
District staff presented the first look at the 2025–26 budget, outlining revenue assumptions, $3.3 million in personnel reductions and a possible 3.26% maximum tax‑levy increase; a public hearing is set for May 6 and the vote for May 20.
Binghamton City School District officials presented an initial 2025–26 budget overview Tuesday, saying state aid, tax levy revenue and appropriated reserves make up projected revenue and that the district has identified $3.3 million in personnel reductions to balance next year’s spending.
The presentation, led by district administrators, showed a “three‑part” budget breakdown — administrative, program and capital — and described how certain one‑time expenses in the current year (including school vans) reduce next year’s appropriated fund balance.…
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