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District finance briefing: Shippensburg's Act 1 adjusted index projected at 4.7% for FY26–27; state funding still pending
Summary
District officials told the board the Act 1 adjusted index for fiscal year 2026–27 is estimated at 4.7%, driven by a market value/personal income aid ratio near 0.59. Staff warned that missing state subsidy dollars and rising health care costs will affect near‑term revenue flexibility and noted the technology budget and other pressures.
Mr. Barwin reviewed the components of the Pennsylvania Act 1 index and reported the district's calculated adjusted index of 4.7% for fiscal year 2026–27, using a market value/personal income aid ratio of approximately 0.5932. He showed the state base index history and an example calculation, explaining that districts with aid ratios above 0.4 have an upward adjustment applied to the state base rate.
Board members asked about the revenue implications if the…
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