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Middletown Area SD posts proposed 2025-26 general fund budget; plan uses fund balance and proposes 5.1% tax increase
Summary
Business presenter Eric Fisher outlined a $64.88 million proposed general fund budget for fiscal year 2025-26, citing added debt service for the MAPS capital project and charter tuition increases. The board voted to adopt the proposal for public inspection, which would use $2.33 million of fund balance and requires a 5.1% tax increase to balance.
Eric Fisher, the district finance presenter, told the Middletown Area School District board that the proposed final general fund budget for the 2025-26 fiscal year would total $64,879,593 in expenditures against $62,553,488 in revenue, leaving a planned use of fund balance of $2,326,106.
Fisher said the larger-than-usual increase in next year’s spending is driven primarily by added debt-service payments tied to the district’s MAPS construction project and by rising employee benefit costs. “Total salaries in the 25-26 budget are $24,100,000, an increase of $868,000 over the current year,” Fisher said, and he noted benefits are budgeted at about $16.2 million, a projected increase of roughly $1 million.
The presentation broke spending into five broad categories. Fisher said salaries and benefits account for…
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