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Rye City School District adopts $113.27 million proposed budget; to go before voters May 20
Summary
The board approved a 2025–26 recommended budget of $113,267,267, a 2.45% budget-to-budget increase, and will present it to voters May 20; the board said the proposal complies with the tax cap and shows an estimated tax levy increase of 3.66%.
The Rye City School District Board of Education approved and adopted a recommended 2025–26 general fund budget on April 8 that the district will present to voters on May 20.
Under the figures presented to the board, the district’s proposed budget is $113,267,267, a 2.45% increase from the current approved budget of $110,556,311. The board said the budget-to-budget increase translates to an estimated tax-levy increase of 3.66% and remains compliant with the state tax-cap formula.
District staff told the board the estimated tax levy for the budget is $102,324,607. The district reported an estimated taxable assessed value for the City of Rye of $133,403,814 (assessor-provided value dated Jan. 28, 2025) and stated an estimated tax rate per $1,000 of assessed value of 767.0291.
The budget as presented maintains current programs and services and adds staffing targeted to program growth: two full-time teachers at Rye High School for the International Baccalaureate program, one districtwide director of school counseling and student wellness (administrative position), and one full-time shared custodian to support added building square footage tied to Midland and Osborne additions. The budget also reported a reduction of one high-school physical education FTE due to retirement and attrition.
District leaders said the proposed budget preserves current programs and expands support for AP Capstone and the IB program, continued counseling supports K–12, and facility maintenance related to capital additions. The district also reported an anticipated use of fund balance of $2,700,000, consistent with the current year, and described an accounting recategorization related to employee health-insurance contributions that auditors recommended.
Next steps: the district will hold a public budget hearing May 6 and the budget vote and trustee election on May 20. The superintendent and board said they will conduct a public “roadshow” of budget presentations at PTOs and community groups ahead of the vote.
Votes at a glance: The board approved the consent agenda that included adoption of the 2025–26 district budget by a 7–0 vote on April 8. The budget will be subject to the public vote on May 20.
