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Finance committee weighs three tax options as 2025–26 preliminary budget shows multimillion-dollar deficit
Summary
The finance committee reviewed the district’s 2025–26 preliminary general fund budget and voted to present three options — 0%, 2% and 3.5% tax increases — to the full board; presenters outlined projected deficits, a $991,000 increase in Homestead/Farmstead relief, and budgetary trade-offs.
The East Stroudsburg Area School District Finance Committee on May 12 reviewed the administration’s preliminary 2025–26 general fund budget and voted to send three budget options — a 0% tax change, a 2% tax increase, and a 3.5% tax increase — to the full board for consideration.
Peter Contrillo, staff member, presented the budget and outlined a range of assumptions and impacts. He said health-care costs rose 13% year over year and called out electricity and cyber-insurance cost increases; he described net movements that produced a projected net increase from the preliminary budget of about $619,000. “Healthcare costs increased 13% year over year,” Contrillo said while summarizing major drivers.
Contrillo told the committee the district had…
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