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Jenkintown board hears budget briefing on heavy local reliance, rising pension and special-education costs
Summary
At its May 12 work session the Jenkintown School Board received a budget briefing that said roughly 78% of the district's roughly $20 million budget comes from local sources, highlighted rising PSERS employer costs and large, variable special-education expenses, and discussed assessment appeals and grant-seeking as mitigation strategies.
At the May 12 work session the Jenkintown School Board heard an extended budget briefing that framed the district's fiscal pressure as the product of a shrinking tax base, rising pension contributions and high special-education costs.
The budget presenter told the board that local revenue funds the bulk of the district's operations, saying, "78% of our $20,000,000 budget comes from the borough of Jenkintown." The presenter said federal funding is small relative to the budget and that IDEA and Title funding cover only a fraction of special-education costs.
The presenter…
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