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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 fund revenue was reported at about $59.6 million, or approximately 79.2% of budget timing, while general bond expenditures totaled about $29.7 million (approximately 36.3% of budget) through the reporting period.
Administration said the original 2026–27 budget called for a $1.6 million deficit but current projections have narrowed that to about $1.0 million based on additional revenue and updated estimates; presenters cautioned numbers remain fluid. Major upward pressure cited included an anticipated $300,000 increase in transportation costs, a $300,000–$400,000 uptick in Lincoln Intermediate Unit service costs, and an expected roughly 10% increase in electricity expense.
Board members discussed long‑running pressures from cyber charter tuition; administration said roughly $3 million flows to cyber charter providers from the district. Trustees urged continued advocacy in Harrisburg for special education and basic education funding increases tied to prior adequacy rulings.
Administrators previewed the budget calendar: additional budget discussions on Feb. 23, a draft proposed final budget in March, a formal proposed budget in April for display and advertising, and final board approval anticipated on May 26 to meet tax‑billing timelines.
Officials said they will continue to refine cost estimates and return with more detailed analyses at upcoming meetings.
