Great Valley SD previews 3.5% tax increase in preliminary 2026–27 budget; average homeowner impact cited

The Great Valley School District presented a preliminary 2026–27 budget that uses the state Act 1 3.5% index and would raise the district’s millage rate from 25.22 to 26.10, with staff estimating roughly $4.3 million in additional tax revenue and an average homeowner impact of about $237.

Mrs. McGibney, the district staff member presenting the budget update, told the board the preliminary adoption is scheduled for next Monday and described the revenue mix: local revenue makes up the largest share (reported in the presentation as about 84%, or $118,345,000), state revenue roughly 15% (about $21 million), and federal revenue approximately 1% (Title grants and a medical‑reimbursement drawdown). “This budget was presented at the February 18th and the March 23rd finance committee meeting,” she said, and described the required…