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Hatboro-Horsham proposes 3.46% real estate tax increase in final 2025–26 budget recommendation
Summary
Mister Stone presented the district’s final 2025–26 budget recommendation on June 2, proposing a 3.46% real estate tax increase and use of existing reserves; the administration will bring the full proposal to the board for a vote on June 16.
Mister Stone presented the Hatboro-Horsham School District’s final budget recommendation for 2025–26 at the June 2 work session and said the administration will bring the final proposal, including a real estate tax increase recommendation, to the board for a vote on June 16.
“We are recommending a real estate tax increase of 3.46%,” Mister Stone said, and added that the recommendation is below the state Act 1 index and continues the district’s multi-year strategy of limiting increases to at-or-below the index.
Mister Stone reported projected revenues of about $132,900,000 versus expenditures of about $135,900,000, leaving a pre-increase deficit of roughly $3,000,000 that the recommended millage change would eliminate. He…
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