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Lewisburg Area SD budget update shows $86,000 shortfall; board weighs tax scenarios and three proposed staff additions
Summary
District business staff updated the board on the preliminary budget and presented tax-increase scenarios tied to a $500,000 capital transfer and three proposed staff positions; trustees discussed options and set a May timeline for a proposed budget vote.
District business staff presented the Lewisburg Area School District’s budget update on April 10 and outlined scenarios for property-tax changes tied to capital transfers and three recommended new staff positions.
The presenter reported preliminary fiscal 2025 figures: revenues of $44,000,006.95 and expenses that initially left a projected deficit of about $211,000. Subsequent updates to revenues and expenses — including a $50,000 billing adjustment, a $51,000 increase in basic education funding from the state, an added $103,007.34 for a block grant, and higher costs for insurance…
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