ITHACA, NY (607NewsNow) — The Ithaca City School District is wrapping up a series of public conversations on the proposed 2026 capital project.
District officials will answer questions today about the proposed $43.9 million capital project, which requires approval from voters on Tuesday, May 19.
Funding
- Financed through bonds, not the annual operating budget
- Estimated state building aid reimbursement: approximately 58 percent ($25.46 million)
- Estimated local share: approximately $18.44 million
Tax Impact
- Maintains the ICSD’s current 7 percent debt service allocation
- Does not increase the tax levy beyond existing capital debt commitments
Project Priorities
- Facility Improvements
- Health and Wellness
- Sustainability
The latest conversation about the proposal is at noon today in the administration building’s board room. The final one is 5:30 p.m. Wednesday, March 25 at the Enfield Community Center.
