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Board hears options to use Act 1 referendum exception to fund capital needs; no vote taken
Summary
District administrators presented options to either adopt a December resolution to stay within the Act 1 index (4%) or apply for a referendum exception based on special-education over-expenditures that could allow up to roughly a 6% tax increase and a dedicated capital transfer; the board asked for scenarios and deferred a formal decision.
District finance officials presented the board on Nov. 3 with options for the 2025-26 budget, including whether to adopt a December resolution to stay within the Act 1 index (the state's property tax index) or to apply for one or more referendum exceptions that, if approved, would allow the district to increase its tax levy above the Act 1 index.
Business administrator Mr. McGuinn said the Act 1 index for next year is 4% and explained four categories of referendum exceptions: grandfathered debt, electoral debt, special-education expenditures and retirement contribution increases. He…
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