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Ballot proposition would allow small city schools like Auburn to exceed debt limit

  • / Updated:
  • Staff Report 

New York voters will soon decide on a ballot proposition aiming to eliminate a longstanding debt limit specifically applied to small city school districts with populations under 125,000.


Established in 1951, the cap restricts these districts to a debt of 5% of taxable real property.

To surpass this, the school district requires 60% local voter support, in addition to approval from the state comptroller and Board of Regents, according to The Citizen.

Meanwhile, other school districts, including larger cities and rural areas, typically operate under a 10% debt cap.

The goal is to create equal debt capacity among all school districts.