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Hatboro‑Horsham board adopts 2025–26 budget with 3.46% real estate tax increase; approves tax‑relief rebates for seniors and volunteers
Summary
The board approved a balanced 2025–26 general fund budget that relies on a proposed 3.46% millage increase (to 34.97 mills) to eliminate a projected deficit, and adopted or proposed several tax‑relief programs including continuation of a senior rebate and a new active‑volunteer tax rebate that matches Montgomery County payments up to $1,500.
The Hatboro‑Horsham School District board on June 16 approved the district’s final 2025–26 general fund budget, which the administration said relies on a recommended 3.46% real estate tax increase to eliminate an estimated $2,970,000 shortfall and produce a balanced budget.
A district finance presenter identified projected revenues of approximately $132.9 million and projected expenditures just under $135.9 million before any tax change. The administration recommended a 3.46% increase in the real estate tax rate — raising the millage from 33.80 mills to 34.97 mills — which the presentation said would close the deficit. The board voted to approve the final budget as part of the finance agenda (items…
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