District news
STEAM High School lease: $131 million over 15 years
What happened
On Sep 9, 2026 the board was asked to approve an amended lease for the Syracuse STEAM High School building. Payments total $131,162,156 over 15 years, about $8.74 million each year, starting 2025-26. The county owns the building during the lease.
Why it matters to families
It is a long, fixed yearly cost in the district budget.
The evidence
The Sep 9, 2026 lease resolution states the total, the yearly amount, and the due date.
The source
Resolution - STEAM School Lease Amendment (Sep 9, 2026)See the full record for Syracuse City School District.
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