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Mount Olive board reviews $81.3 million proposed budget with 3.88% tax-levy increase
Summary
Mount Olive Township School District presented its proposed 2025–26 budget Wednesday, showing a proposed tax levy increase of 3.88%, a $340,000 cut in state aid, plans to bank unused cap, 13 new staff positions and more than $4 million in capital projects including a $550,000 middle-school public-address system replacement.
The Mount Olive Township School District presented its proposed 2025–26 general fund budget to the Board of Education Wednesday, with a proposed tax levy of $81,300,000 and a 3.88% increase in the local tax levy after allowable adjustments.
The budget presenter said state aid fell by $340,000 for 2025–26. To balance revenues and expenditures the district plans to use a $1.4 million health-care adjustment in the levy calculation, preserve the remainder of a $1.8 million qualification as banked cap for future use, and draw on reserves where necessary.
The district highlighted personnel and program priorities as the main drivers of the budget. The presenters listed 13 proposed new positions districtwide, including a gifted-and-talented teacher at the elementary level, additional…
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