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Irvington News
School News

Taxes to Rise 3.5% in Irvington School Budget

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May 7, 2015

|  By Rick Pezzullo  |

School taxes are slated to increase 3.5% in the $57.66 million 2015-16 Irvington School District budget.

For the average homeowner in the district, the increase would translate to $585. School taxes make up about 60% of a property owner’s tax bill.

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Spending in the budget is up $1.37 million (2.4%) from this year and it falls $384,655 below the state mandated tax cap.

Voters will head to the polls on Tuesday, May 19 from 7 a.m. to 9 p.m. at Main Street School to weigh in on the budget, the Board of Education race and a $1.5 million proposition to establish a capital reserve fund.

The capital reserve fund would be set up to finance reconstruction, renovations and equipment in the district schools and facilities, including the athletics fields and grounds.

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