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District treasurer warns stalled Pennsylvania budget could cut aid, cost Southern York County SD interest revenue
Summary
District Treasurer Joe Wilson and finance staff told the board the absence of a state budget risks reduced interest earnings and uncertainty about funding levels that could create a projected $240,000 shortfall for 2025–26; administrators said they will monitor monthly impacts and update the board as more is known.
Southern York County School District officials told the board on Aug. 14 that Pennsylvania’s unsettled state budget is creating uncertainty for the district’s 2025–26 finances and reducing expected interest earnings.
Treasurer Joe Wilson presented consolidated June and July financial reports and said the general fund balance fell from $4,738,608.46 at the start of June to $3,769,801.82 at the end of July. The district’s investment balances also declined during the period, reflecting normal cash flow and lower available funds for investment. Wilson asked the board to review the full reports in the meeting packet.
Business manager Melissa Green explained the immediate impacts: because roughly…
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