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Hatboro-Horsham board approves proposed final 2025–26 budget; Act 1 index caps tax increase at 4%
Summary
The Hatboro-Horsham School District board on April 28 approved the proposed final 2025–26 general fund budget, a balanced spending plan that uses fund balance and contemplates a real-estate tax increase up to the state'set Act 1 index of 4%. The board will post the proposed final budget and consider a final adoption in June.
The Hatboro-Horsham School District Board of School Directors on April 28 approved a proposed final 2025–26 general fund budget that the administration says is balanced within the limits of the state'set Act 1 index.
The administration presented a $132,900,000 revenue plan that relies primarily on local sources and uses about $1.9 million of fund balance and $1.25 million of a committed reserve for pension contributions. Before any real-estate tax increase, the administration said the budget faced a roughly $3.5 million shortfall; a tax increase up to the Act 1 index of 4% would eliminate that deficit, the presenter said, and the board certified earlier this…
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