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Spring Grove board presented with 4.7% Act 1 enhanced‑index cap as business office cites improving credit rating
Summary
Business‑office staff told the board the district’s 2026–27 budget should remain within the Pennsylvania Department of Education enhanced index of 4.7%; staff also summarized a recent Standards & Poor’s review that improved the district’s outlook and may lower future borrowing costs.
The Spring Grove Area SD business office presented a proposed Act 1 enhanced‑index cap of 4.7% for the 2026–27 budget and recommended the board keep the budget within that limit when submitting to the Pennsylvania Department of Education.
Mark Zapp of the business office told the board that “Springer’s current enhanced index is 4.7%,” and that the resolution before the board would instruct administrators to not exceed that figure in next…
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