Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Finance committee notes Act 1 index at 3.5% and warns of state budget impasse impacts

Radnor Township School District Finance Committee · October 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Staff reported the Pennsylvania Department of Education certified a 3.5% Act 1 index for 2026–27 and that the ongoing state budget impasse (noted as day 106) has delayed roughly $4.1 million in payments; Radnor staff said reserves allow continued operations but other districts are experiencing cash stress.

Radnor Township School District finance staff told the committee the Department of Education certified the Act 1 base index for the 2026–27 budget year at 3.5 percent, the average of statewide average weekly wage and the employment cost index used to set local tax‑increase guardrails.

Staff also reported the…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans