FY25 Re-Vote Budget FAQs

Official Results: ICSD Budget Re-Vote

June 20, 2024

The results of the 2024 Ithaca City School District (ICSD) Budget Re-Vote listed below have been certified and adopted by the ICSD Board of Education.

Proposition No. 1 Proposed 2024-2025 Annual District Budget

YES Votes: 4,985
NO Votes: 1,758
Passed with 73.93%

Proposition No. 2 Appropriation and Expenditure of Capital Reserve Funds

YES Votes: 4,599
NO Votes: 2,105
Passed with 68.60%

Budget Summary

On June 3, the ICSD Board of Education adopted a re-vote budget for the 2024-25 fiscal year in the amount of $163,012,098. The proposed levy increase of 2.92 percent is below the state tax cap.

As part of our year-long budget development process, we have been exploring budget lines since August 2023. For additional information not found on this page, please review our Finance Committee meeting minutes or watch recordings of all budget updates presented to the Board of Education. Please also send us your comments and questions using the Let’s Talk! portal.

Frequently Asked Questions

Last updated on 6/13/24 at 10:15 AM

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FY25 Re-Vote Budget FAQs

Official Results: ICSD Budget Re-Vote

June 20, 2024

Budget Summary

Frequently Asked Questions

Last updated on 6/13/24 at 10:15 AM

FY25 Re-Vote Budget FAQs

Official Results: ICSD Budget Re-Vote

June 20, 2024

Budget Summary

Frequently Asked Questions

Last updated on 6/13/24 at 10:15 AM

How are budgets in the Ithaca City School District developed?

**NEW** How was the new re-vote budget developed?

What happens if the new budget does not pass on June 18?

What is a contingency budget?

**UPDATED** What expenses would the ICSD need to cut if we went to a contingency budget?

How much does the district spend per pupil?

What do you think the per pupil expenditure will be for this year? It is difficult to make decisions about the budget with data from 2023.

Why are costs increasing if the enrollment is decreasing?

What is the average class size in the ICSD?

**NEW** How has Proposition 2 changed since the May 21 vote?

How is Proposition 2 related to the budget that we are voting on in Proposition 1?

Why is the ICSD switching to an electric bus fleet?

How will the ICSD avoid some of the issues that TCAT has faced with electric buses?

**UPDATED** Is it true that the tax rate is decreasing?

Why are my school taxes projected to increase even though the tax rate is decreasing?

What is the New York State tax cap and how is it calculated?

What property tax exemptions am I eligible for?

Can the district pay for budgeted expenditures without levying more taxes?

Do other school districts in the state have other revenue that support paying for the costs to operate? Why is the ICSD so dependent on taxes?

Would you please provide some details about teachers’ salaries?

Would you please speak to the salary level that the superintendent receives?

What is included in the Contractual Services line items?

How is the district addressing the recruitment and retention of teachers and staff?

What changes did we make to the BOCES budget?

What does it mean when there is an increase or decrease in a particular line item?

What positions are included in the budget lines 2020 SUPERVISION OF REGULAR SCHOOL?

Are ICSD administrators unionized?

**UPDATED** I notice that there is $17,961,868 listed in the Administrative budget. Is that all going to fund administrators’ salaries?

Where can I find information regarding the funding received by the ICSD during COVID? Are those funds audited?