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Hatboro‑Horsham board advances proposed $142.9M budget and approves three‑year teacher contract
Summary
The Hatboro‑Horsham School Board on April 27 received a proposed 2026–27 final budget showing $136.4 million in projected revenue and $142.9 million in projected expenditures, and approved a three‑year successor agreement with the Hatboro‑Horsham Education Association that includes 3.5% annual salary increases.
The Hatboro‑Horsham School District Board of School Directors on April 27 received a proposed 2026–27 final budget showing projected revenues of $136,400,000 and projected expenditures of $142,900,000, and approved a three‑year collective bargaining agreement with the Hatboro‑Horsham Education Association (HHEA).
Director of business affairs Bill Stone presented the budget and told the board the figures represented “a deficit before any real estate tax increase of about $6,500,000.” He said the state’s Act 1 index for the coming year (3.5%) would generate roughly $3.3 million if the board taxed to that limit, leaving an estimated remaining gap of…
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