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Pennridge projects $3.22 million shortfall; finance staff recommends 3.6477% tax increase
Summary
After $6.5 million in expenditure reductions, district finance staff told the board May 6 the 2025–26 general fund still faces a $3.22 million gap. The finance director recommended a 3.6477% tax increase (4.9337 mills) to balance the budget; trustees debated use of reserves, capital planning and program tradeoffs
The Pennridge School District finance team presented a third look at the 2025–26 budget May 6 and said the district still faces a general‑fund shortfall of $3,220,000 after planned reductions.
The finance presentation (led by district finance staff) listed $6.5 million in expenditure reductions already implemented; staff said those reductions included removing planned bus replacements ($860,000), eliminating seven teaching positions through attrition, eliminating 11 PCA positions that were not filled, and cutting one clerical position, for a total of 27 positions removed from the draft budget. Despite those cuts and other savings, staff said local revenue growth has flattened and the district’s earned income tax (EIT) collections are running well below prior budget assumptions.
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