If the budget does not pass on the first vote, the district will put up the same budget, with a smaller “fund balance” (surplus), and we will vote again. The second budget will use the surplus to stay within the cap.

Here’s a picture: Singapore Math explains the budget.

If that budget fails, then, yes, we go to a 0% budget-to-budget increase.

Tuesday’s vote is on the size of the surplus, nothing more. We are voting on whether we want to run a $2.1 million surplus.

From the BOCES explainer posted on the district’s website:

If a proposed budget is defeated by voters, a school district—as in the past—has the option of putting the same or a revised budget up for a revote, or adopting a contingent budget. If a proposed budget is defeated twice by voters, a district must adopt a contingent budget. Certain existing contingent budget requirements remain in effect that prohibit spending in specific areas including community use of buildings, certain salary increases and new equipment purchases.

More significantly, under the new law, a district that adopts a contingent budget may not increase its current tax levy by any amount—which would impose, in effect, a zero percent cap. As of this writing, it is unclear if exemptions will apply.