Iroquois Central presents $60.38 million general-fund budget; allows 3.34% tax levy increase

John, the district’s business official, told the Iroquois Central School District Board of Education that the proposed 2025–26 general-fund budget is $60,382,075 and would require an allowable tax-levy increase of 3.34% under the state formula.

The budget presentation centered on revenue uncertainty from state foundation aid and on expense pressures from utilities and special-education placements. John said the district built additional reserves into the draft budget "so that's kind of our safety there. In case it does go back to 2, we're covered either way." He also explained the levy math: "That's an allowable amount that requires a simple 50% majority vote. If you chose to exceed that, you'd need a 60% super majority, but this budget does not have that. We just need the 3.34 allowable increase."

Why it matters: the board will put Proposition 1 (the general-fund budget) and Proposition 2 (vehicle replacement) to voters in May; the district must set its proposition amounts and publish required notices before the vote even though the state budget and…