Haverford board adopts $159 million 2025–26 budget, raises millage to 19.6509 mills

The Haverford Township School District Board of School Directors on June 5 adopted the district's final 2025–26 general fund budget and voted to levy real estate taxes at a rate of 19.6509 mills, a 4% increase from the current year.

The vote followed a presentation on revenue and expenditures by district staff and a roll-call adoption of the budget. The district projects total revenue of about $155,548,000 and total expenditures of roughly $159,000,000, leaving a budget shortfall of approximately $3,900,000. To cover the gap the board approved using $2,200,000 from the unassigned fund balance and drawing $1,600,000 from committed fund balance (about $1,100,000 earmarked for summer capital projects plus an additional $500,000), leaving the district projecting an unassigned fund balance near 5.28% of expenditures at year-end.

Why it matters: Board members said the budget illustrates a tightening fiscal environment for local school districts —…