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York Suburban board hears financial update: $318,000 surplus last year, continued cost pressures ahead
Summary
Business staff reported a $318,000 surplus for the past year and a total fund balance of about $14.74 million, but administrators warned of rising costs — transportation, IU services, electricity and cyber‑charter tuition — and presented preliminary 2026–27 deficit projections that will be refined as the budget process continues.
York Suburban School District business staff reported on Feb. 2 that the district closed the prior year with a $318,000 surplus and a total fund balance of roughly $14.74 million, while flagging several cost pressures that could widen next year’s projected deficit.
‘‘The district ended the year with a $318,000 surplus,’’ the business presenter said, noting a $10.4 million assigned fund balance and nearly $4.3 million unassigned. Year‑to‑date general…
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