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Radnor preliminary 2025‑26 budget shows small structural gap; board debates using 4% Act 1 index
Summary
District finance staff presented a preliminary $124.9 million 2025‑26 budget with a narrowed shortfall and proposed use of the Act 1 4% millage index; board members debated whether to use the full 4% increase or a more modest rise given state and federal funding uncertainty.
District finance staff presented the district’s preliminary 2025‑26 budget on March 25, outlining revenue assumptions, projected fund balances and a proposed use of the Act 1 index that would allow up to a 4% real estate tax increase.
The presenter, Mr. Pauling, said administration narrowed an earlier projected shortfall from roughly $611,000 to about $198,704 through adjustments to investment earnings assumptions, transportation subsidy estimates, community college costs and reductions in buildings and grounds…
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