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Board hears 2026–27 budget-development briefing; Act 1 index, tax appeals and federal shutdown flagged as risks
Summary
Bill Stone, director of business affairs, told the Hatboro-Horsham School District Board on Oct. 27 that the administration is starting the 2026–27 budget-development process in the fall and must plan amid an unresolved state budget and a federal shutdown.
Bill Stone, director of business affairs for the Hatboro-Horsham School District, presented the first 2026–27 general fund budget development briefing to the board on Oct. 27, 2025, and said the district's process begins in the fall to meet statutory timelines. "I am proud to present the first of the 2026, 2027 general fund budget development presentations. It is hard to believe that we're only about 6 weeks into the school year, and here we are talking about next school year's budget already," Stone said.
Stone reviewed key fiscal context: the district's long-term strategy of keeping any real-estate tax increase at or below the Act 1 index (Act 1 of 2006), a certified Act 1 index of 3.5% for fiscal 2026–27 (down from 4% in the previous year), revenue…
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