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Radnor Township School Board adopts $130.9 million 2026–27 budget; real estate tax levy rises 0.5298 mil (3.36%)
Summary
The board voted unanimously to adopt a final general fund budget of $130,884,033 for fiscal year 2026–27, requiring a real estate tax levy of 16.3263 mils (a 0.5298‑mil increase, or 3.36%). Officials said the budget balances without cuts to instructional programs; average homeowner impact was estimated at about $389.
The Radnor Township School Board on May 26 adopted its final general fund budget for fiscal year 2026–27, approving total revenues and expenditures of $130,884,033 and a real estate tax levy of 16.3263 mils, a 0.5298‑mil increase (3.36%) over the prior year.
Business officials presented the budget process and said periodic refinements reduced an earlier projected deficit to a balanced budget. The administration emphasized that adjustments did not affect instructional programming. "We were able to reduce the deficit to 0, balance the budget at $130,884,033 with a recommended 3.36% tax increase," the district finance lead said during the presentation.
Officials presented taxpayer impact examples. Using an average assessed value of about $734,000, the administration estimated a $389 increase in the annual tax bill for that property under the new millage rate.
Committee and board discussion touched on fuel costs, vehicle replacement strategies and the district's plan to convert diesel buses to propane in the near term. The business office said vehicle purchases for electric buses remain cost‑prohibitive now but that smaller electric vehicles had been acquired where practical.
The budget passed on a recorded vote; board members approved the resolution unanimously.
Provenance: The budget presentation and discussion began when the chair introduced item 08/2002 and concluded with the roll‑call vote recorded in the meeting.
