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District staff presents 2026–27 draft budget showing $5.3 million projected ending balance; no tax increase proposed
Summary
District staff presented draft 2 of the 2026–27 general fund budget: beginning fund balance $13.53 million, projected net increase $8.23 million and an ending fund balance of about $5.30 million. The plan includes a $1.7 million Horizon payment and a $500,000 high‑school HVAC line and assumes no tax increase.
A district finance presenter laid out the Ambridge Area School District’s draft 2 general fund budget for 2026–27, saying the plan starts with a $13,530,565 beginning fund balance and projects a net increase of $8,230,983 that would leave an ending balance of about $5,299,582.
The presenter emphasized that the draft reflects no tax increase and noted two major, single‑year components affecting the projection: a $1.7 million Horizon payment and a $500,000 high‑school HVAC project. The presenter also cautioned that the numbers are projections…
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