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Danville Area SD board approves proposed $48.5 million 2025-26 budget including Act 1 tax increase
Summary
The Danville Area School District board voted to approve the district's proposed final 2025-26 budget, a $48,474,910 spending plan that includes a local real estate tax increase up to the Act 1 index of 4% and a projected transfer of $454,085.09 to the capital reserve.
The Danville Area School District board voted to approve the district's proposed final 2025-26 budget, a $48,474,910 spending plan that includes a local real estate tax increase up to the Act 1 index of 4% and a projected transfer of $454,085.09 to the capital reserve.
Board members met in Committee of the Whole and then immediately convened the special meeting required by law to establish the 30-day window between the proposed and final adoption. "On the revenue side, we do have a balanced budget with no projected use of fund balance," said Mister Bavis, the staff presenter, during the budget overview.
The nut graf: the package approved tonight is the district's proposed budget to be advertised and formally adopted after the required notice period; it sets the adjusted millage at 12.9186 for both counties (current year…
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