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Fox Chapel Area SD gets budget preview as board debates millage, capital reserves and $5 million grant request
Summary
District staff presented a no‑pressure preview of the 2026–27 budget showing a $2.4 million shortfall under a zero‑tax‑increase scenario, proposed capital reserve pacing between $1.5M and higher targets, and millage options tied to the Act 1 index; board members discussed using PSERS reserves, bond timing and a $5 million CFA grant application for high‑school mechanical work.
District business officials presented an informational 2026–27 budget preview at the Fox Chapel Area School District board meeting, laying out revenue assumptions, expense pressures and options for balancing next year’s plan.
Mr. Manzer told the board the district modeled a baseline with no millage increase and projected a $2.4 million gap. Key revenue assumptions included modest assessed‑value growth, a 3% forecast for earned income tax collections (with year‑to‑year volatility), and an increase in delinquent real‑estate tax collections. State subsidies showed a small ‘‘adequacy’’ bump of about $50,000 under the governor’s proposal.
On the expense side, personnel and…
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