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South Fayette board adopts proposed final budget; sets advertised millage at 28.088
Summary
The board approved the district's proposed final budget for 2025–26 with $77.77 million in projected revenue, $83.45 million in planned expenditures and an advertised millage of 28.088. The action begins a 30-day public notice period before the board sets the final millage in June.
The South Fayette Township School District board voted 7-1 on Tuesday to adopt the 2025–26 proposed final budget, advancing the spending plan required for public notice and final adoption. The proposed budget shows $77,767,523 in revenue and $83,449,235 in expenditures, with a planned draw from fund balance of $5,681,712 and an advertised millage rate of 28.088.
Director of Finance Ryan Neely presented the plan and said adopting the proposed final budget tonight starts a 30-day period before the board may vote on the final budget and millage at its June 17 meeting. “Once this budget is passed, we must allow 30 days between approval of this and the board approval of the final budget,” he said.
Neely told the board debt service is the major driver of near-term cost increases as the district phases in multiple borrowings to finance the…
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