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Board reviews budget scenarios and three levy options before April adoption window
Summary
Business officials presented a new online 'budget book' and three levy scenarios (examples at 4.18%, 3.18% and 2.18%). Trustees discussed use of reserves, multi-year projections, and a proposed April 9 work session before a likely adoption vote on April 14.
Ithaca school business officials presented the district's proposed 2026–27 budget framing on March 24, offering three levy scenarios and an online 'budget book' designed to make multi-year finances more transparent.
The presentation highlighted revenue composition (about 67–68% local property tax, roughly 24% state aid) and proposed a budget increase driven mainly by inflation, energy and contractual obligations. Using the current tax-cap calculation example at…
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