Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
District staff to bring resolution asking board to cap tax increase at 4.7% for January vote
Summary
District staff recommended the board approve a resolution at the January meeting to remain at or below the Act 1 adjusted index of 4.7%, citing supplemental adequacy funding and current fund-balance projections; no board vote occurred at the committee meeting.
Mister Merlet (district staff) told the finance committee that administration will bring a resolution to the full board asking it to adopt a cap at or below the Act 1 adjusted index of 4.7% and not seek exceptions that could raise taxes above that level. He said the district’s adjusted index is 4.7% this year, the district’s fund balance was roughly $9.5 million at the end of 24–25, and administration plans to use about…
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
