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McGuffey could raise millage by 5% under state adjusted index; district estimates ~$650,000 in additional revenue
Summary
District staff said Pennsylvania's adjusted index for McGuffey is 5%, which would let the district raise its millage from 13.93 to about 14.62 without a referendum; staff estimated roughly $650,000 in additional revenue based on the district's assessed value of about $950 million and flagged a December decision deadline on exceptions.
District staff presented the Pennsylvania Department of Education's budget timeline and explained how the state's base and adjusted indices affect local millage limits.
Miss Badillion, who reviewed the PDE timeline, said, "For McGuffey, our adjusted index is now 5%." She explained that the adjusted index is calculated using market value, personal income aid ratio and 75%…
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