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Derry Area School District adopts $44.0 million budget, keeps millage at 91.8 mills
Summary
The Derry Area School District board adopted the final 2025–26 budget of $44,027,220, assigned $2 million for capital projects and kept the district millage at 91.8 mills. Board members discussed fund balances, staffing changes and enrollment trends during a lengthy presentation by Mr. Chapel.
The Derry Area School District board on Thursday approved the districtfinal budget for the 202526ndash;26 school year, adopting total expenditures of $44,027,220 while keeping the tax rate at 91.8 mills.
Mr. Chapel presented the budget and said the final budget represents a 1.7% increase from 202425, driven primarily by salaries and benefits. "Your salaries and benefits total overall is approximately 61% of your budget," Chapel said during his presentation.
The board also voted to assign $2,000,000 of unassigned fund balance for future capital projects, and to retain approximately $3,600,000 in unassigned fund balance (about 30 days of expenditures) to meet cash-flow needs. Chapel said…
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