The $54.5 million proposal is an increase of more than $5 million over the 2025 budget.
The 2025-26 school budget will be put before the community for a vote on May 20.
The council voted Wednesday to raise residential building permit fees by $1. The adjustment brings the tax rate hike down to 5.07 percent. 
The increase would result in an additional $312 per household in property taxes based on the average estimated home value of $1.98 million.
City school district taxpayers can cast their ballots in advance of this month’s $110.5 million budget vote for the first time, thanks to recent state legislation expanding voting rights.
The school board’s unanimous approval means that the district will look to pass an override budget for the first time in nearly a decade.
Byrne, who has steered Rye schools since 2017, has ushered in school budgets that were all cap-compliant – but said he knew this day was coming.  

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