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Twin Valley board advances final 2026–27 budget and approves homestead/farmstead exclusion
Summary
At its June 8 meeting the Twin Valley School District board moved the final 2026–27 general fund budget forward and adopted a Homestead/Farmstead exclusion resolution under Act 1; administrators cited insurance and transportation reductions that trimmed the district’s tax increase.
The Twin Valley School District board on June 8 moved the district’s final 2026–27 general fund budget forward for adoption and approved a Homestead/Farmstead exclusion resolution under Pennsylvania’s Act 1.
Superintendent Scoria summarized actions taken since the May meeting to narrow an earlier deficit, saying staff negotiated a smaller medical‑insurance increase (a 1 percentage‑point reduction that the superintendent said saved about $64,000) and implemented transportation efficiencies that reduced expenditures “about 220,000,” which together helped lower the district’s planned tax increase. The board then voted on the recommendations and the motions passed on roll call.
Why it matters: the final general fund budget determines spending across classrooms, transportation and services and establishes the tax rates the district will seek under Act 1 rules. The Homestead/Farmstead exclusion is a standard annual step tied to property tax reporting and the district said it will provide registration information for eligible residents.
Details presented at the meeting included an updated five‑year projection and an explanation of how assessment changes in Berks and Chester counties affected the district’s average increase. The superintendent described the overall adjustments as bringing the average increase down from prior estimates; he framed the savings as incremental but important to narrowing the previously projected shortfall.
Board action and next steps: the board recorded the motions and passed them; administrators said the recommended budget and the Homestead/Farmstead exclusion resolution will appear on next week’s agenda for final approval and implementation consistent with fiscal year timelines.
The board did not provide an unequivocally formatted number in the meeting transcript for each ledger line; the presentation read a final budget figure in the meeting that was presented as roughly $80 million. The district’s administration agreed to provide additional documentation and the formal final budget will be published with the official vote at the next meeting.
