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Hatboro‑Horsham presents proposed 2025‑26 budget; balanced using Act 1 index real‑estate tax increase
Summary
Administration presented a proposed final 2025‑26 budget that increases expenditures about 3.32% ($4.4M) and would be balanced using a 4% real‑estate tax increase at or below Pennsylvania’s Act 1 index; the proposed final budget will be presented for adoption April 28 with final approval in June.
Hatboro‑Horsham School District administration presented a proposed final 2025‑26 budget April 7 that would increase spending about 3.32% (roughly $4.4 million) from the current year and is balanced in the proposal by a real‑estate tax increase at or below the Act 1 index (presented as 4%). The board will receive the proposed final budget at the April 28 legislative meeting; a final budget is anticipated for approval June 16.
Director of Business Affairs Mr. Stone gave the presentation and said revenue projections show an increase of about $924,000 before any tax increase; local revenues (real estate, earned income, transfer taxes) are projected to rise about $7.3 million as the district factors assessed‑value growth into…
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