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Mt. Lebanon staff present balanced $122.2 million budget; proposes 6.2% Act 1 tax increase for board consideration

Mt. Lebanon School Board · May 21, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

District staff presented a proposed $122.2 million final budget that officials said balances without using fund balance or furloughs; proposal includes a 6.2% Act 1 index tax increase (1.7105 mills, about $4.2 million) and multi-year projections through 2028.

District staff presented a final-budget proposal to the Mt. Lebanon School Board that projects $122,200,000 in total revenues and includes a proposed Act 1 index tax increase of 6.2 (1.7105 mills), estimated to raise about $4,200,000. The budget was presented to the board for consideration, not adoption.

The presenter told the board that the district balanced this budget…

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