Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
District budget update: administrators flag tax‑rate assumption and health‑care cost pressure
Summary
In the superintendent’s report the district’s business official said the draft budget assumes a 2.75% tax increase and that the actuary’s estimate for next year’s health‑care costs is roughly $500,000 higher than the 10‑year forecast, which will require using some ending fund balance to balance the budget unless other changes occur.
During the superintendent’s report, district finance staff told the board the administration is preparing the 2025–26 budget under a working assumption of a 2.75% tax increase and that, given current projections, the district will likely need to use a portion of its ending fund balance to balance next year’s budget.
Leanne, a district business‑office staff member, said she had received an actuary estimate shortly before the meeting that indicated health‑care costs for next year would be about $500,000 higher than what the district had assumed in its 10‑year forecast. Administrators said they would analyze that figure and consider possible splits or adjustments; they signaled the budget will be refined in April after additional legislative and actuarial information is available. The administration said state funding remains uncertain and that staff will attend the Pennsylvania Association of School Business Officials (PASBO) conference in Hershey for legislative and forecasting updates.
The administration noted that some curriculum adoption costs are budgeted within an approximately $120,000 textbook/materials line that is used on the district’s five‑year adoption cycle; English language arts is scheduled as the next major curriculum adoption. The board received this informational report; no budget vote was taken at the meeting.
Administrators said they will return with an updated draft budget in April and will monitor state funding developments; any changes that require board action will be brought forward for formal approval.
