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Finance committee advances 2.9% proposed tax increase, flags $800,000 reliance on investment income
Summary
The Finance and Operations Committee on April 7 forwarded a proposed final 2025–26 budget with a 2.9% real‑estate tax increase to the board and recommended a resolution earmarking part of investment income for extracurricular facilities.
Mill Creek Township School District’s Finance and Operations Committee on April 7 voted to forward a proposed final 2025–26 budget that includes a 2.9% real‑estate tax increase to the full school board and recommended a resolution to designate portions of local revenue and investment income for extracurricular facility maintenance.
District finance staff said the proposed 2025–26 budget includes a range of expected increases: a roughly $1.8 million rise in health‑care costs, an approximately $962,000 transportation contract increase, $300,000 added debt service tied to recent borrowing, and $700,000 for custodial equipment. The finance presenter, identified…
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