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Pennridge Finance Committee reaffirms FY2025 general fund budget and property tax rate
Summary
The Finance Committee reported no changes to the FY2025 budget: total revenues and expenditures of $163,159,239 and a property tax rate of 140.1892 mills, a 3.6477% increase that generates about $3.22 million in additional revenue.
The Pennridge Finance Committee reviewed the district’s final general‑fund budget for fiscal 2025 on June 10 and reported no changes to the numbers previously presented at the full board meeting.
Finance staff reported total budgeted revenue and expenditures of $163,159,239 and a real estate tax rate of 140.1892 mills. The staff described the rate as a…
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