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Keystone Central faces $3.6M shortfall; board weighs tax options, staffing study and cuts ahead of May upload
Summary
Finance director Joni told the committee the district faces a preliminary deficit of about $3.675 million under a no‑tax scenario; the board debated millage increases (0.88–3.5%) versus immediate cuts, discussed a staffing study that could save about $1 million, and noted timelines and insurance and receivership risks ahead of the May PDE upload.
Keystone Central School District finance staff presented a preliminary general fund budget to the finance committee on April 28 showing a multi‑million‑dollar shortfall and a tightly constrained timeline for decisionmaking.
Finance director Joni explained the numbers and options for the May submission to the Pennsylvania Department of Education (PDE). “So this is with the no tax increase. So we would be submitting a budget of a deficit of about 3.675,” Joni said. She showed how different millage options would reduce the shortfall: a 0.88 millage option would drop the deficit to roughly $3.4 million; a 1.75% option to about $3.1 million; a 2.63% option to roughly $2.9 million; and a 3.5% Act 3.5% option would reduce the deficit to about $2.6 million.
Board members underscored…
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