| 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.
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.