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Board advances proposed 2026–27 budget; sets June 15 for final adoption and tax levy
Summary
The board voted to advance the proposed final general fund budget with total appropriations of $111,265,549 and millage rates of 34.95 mills (Chester County) and 20.21 mills (Delaware County); members debated healthcare reserve strategy before approving the motion 9–0 with final adoption and tax levying scheduled for June 15.
The board voted on May 11 to advance the proposed final general fund budget for 2026–27 and set a final adoption date for June 15.
Finance chair moved to approve the 2026–27 proposed final general fund budget with total appropriations of $111,265,549 and presented resulting millage rates of 34.95 mills for Chester County and 20.21 mills for Delaware County. The administration said the weighted average increase is 3.47% and that the budget uses conservative healthcare assumptions (budgeted at an 8.4% increase reflecting the first‑look Ruskini estimate) while noting a later second‑look from the actuary was nearer 4.6%.
Board discussion centered on healthcare reserve strategy: several members voiced concern that the district’s healthcare reserve had fallen sharply over recent years (from approximately $4.5M to $250k), while administration noted stop‑loss insurance limits and other general‑fund reserves that could be accessed if needed. After discussion, the board took the procedural vote to advance the proposal for final adoption.
Vote: the motion to advance the proposed final budget carried 9–0 (recorded as “I” votes), with the board scheduling final adoption and the formal tax levy for the June 15 regular meeting.
Next steps: administration will post final materials ahead of the June 15 meeting and bring any updated actuarial or healthcare reserve options for board consideration.
