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Easton board reviews $223.3M proposed budget and 3.5% tax-levy plan amid fund-balance concerns
Summary
District finance staff presented a proposed $223.27 million general fund budget and a 3.5% tax-levy plan (2% operations, 1.5% for capital). Board members debated collection-rate assumptions, fund-balance replenishment, and options including a modest additional levy or EIT changes to accelerate rebuilding reserves.
District finance staff presented the proposed 2026–27 general fund budget and a plan to set the tax levy at 3.5 percent, with 1.5 points earmarked for capital projects including the new high school.
Jack from the business office told the board the proposed general fund totals $223,270,226 and described the revenue mix: local property taxes, state basic education funding, special-education and pension reimbursements (PSERS), and federal Title funds. He explained the 3.5% levy as a 2% operations…
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