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Abington board approves 2025–26 budget, tax relief and multiple contracts; roll-call votes unanimous
Summary
On June 24 the Abington Board of School Directors approved the 2025–26 general fund budget, homestead tax relief, senior rebate, multiple procurement awards, and professional contracts including the program-management agreement for the new middle school. Votes were unanimous where roll calls were recorded.
The Abington Board of School Directors took a slate of formal actions during its June 24, 2025 meeting, including adoption of the district’s final general fund budget for 2025–26, tax-relief measures, reappointments and contract awards. Board members recorded unanimous roll-call votes where shown.
Major outcomes - Budget adopted: The board approved the 2025–26 final general fund budget covering operating needs in the coming year. The administration presented the working figure of roughly $202.8 million in operating expenses and explained revenue, millage and fund-balance assumptions. The board set the millage rate at 38.55 mills. - Homestead exclusion and senior rebate: Under the Taxpayer Relief Act the board established a homestead/farmstead exclusion equal to $13,830 of assessed value, corresponding to a $533 reduction on eligible homesteads at the adopted millage, and approved a 40% senior-citizen real-estate tax rebate program consistent with Pennsylvania Department of Revenue procedures. - Fund balance and GASB classification: The board authorized estimated fund-balance classifications, committing general-fund reserves to specific purposes (capital projects, assessment appeal litigation, benefit stabilization, transportation contingencies and self-insurance). The…
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