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Treasurer reports $8.5M receipts, $28.8M disbursements (May); board approves assessment-appeal stipulations

North Penn School District Board of School Directors ยท July 24, 2026
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Summary

The treasurer presented May figures showing $8.5 million in receipts, $28.8 million in disbursements and approximately $143 million in total funds; the board approved assessment-appeal actions that will recoup about $46,307 to the district and refund roughly $34,006 to taxpayers for another parcel.

During the finance report the treasurer reported May cash receipts of $8,500,000, disbursements of $28,800,000 and ending total funds of approximately $143,000,000; trustees moved to sanction and approve the treasurer's report and related financial items.

The board also considered assessment-appeal stipulations: one item (parcel 53-00-030506 / 940 Foot Road) is expected to recoup approximately $46,307 to the district; a separate taxpayer assessment appeal (277 DeKalb Pike) will result in payments to the taxpayer totaling about $34,006. The board approved both items during the meeting.