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Finance committee recommends trimming proposed 4% tax increase to 3% and using reserves to close gap
Summary
After review of revenue assumptions and expenditure reductions, the finance committee asked the administration to present a proposed final budget reflecting a 3 percent millage increase with the gap filled from reserves; the administration had proposed a 4 percent increase before committee discussion.
The Carlisle Area School District finance committee reviewed a proposed final budget and asked administration to adjust the proposal to reflect a 3 percent tax increase and to show the resulting gap made up with district reserves. The revised proposed final budget will return to the board for action at the May 15 meeting.
Why it matters: The proposed budget funds district operations for fiscal year 2026 and sets the millage rate the board will consider adopting. The finance committee’s recommendation changes the administration’s earlier proposal and sets the political and fiscal direction for the district’s May budget process.
What the committee reviewed: Business manager Peggy Bauer and Director of Business Operations Mike Statler…
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