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Oley Valley SD committee hears initial 2026–27 budget showing $1.9 million shortfall
Summary
At a Feb. 4 committee meeting, district presenter Mr. Wresson outlined an initial 2026–27 budget draft showing roughly a $1.9 million gap driven by rising special‑education costs, higher benefits and limited tax capacity under the Act 1 index; board members directed further committee review and revenue exploration.
Oley Valley School District finance committee members received an initial budget presentation on Feb. 4 that showed a roughly $1.9 million shortfall in the district’s preliminary 2026–27 projections.
Mr. Wresson, who led the presentation, told the committee the draft uses historical data back to 2010 and basic department projections. He said the current mills (32.1338) and the Act 1 index (defined in the presentation as 3.5%) limit how much the district may raise taxes without a referendum, and that even the theoretical maximum under the index would produce only a portion of the gap: “If we went to the max, we can do $825,000,” he said. That leaves a projected shortfall of about $1,100,000 in addition to…
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