Abing­ton School Board OKS pro­posed fi­nal bud­get

The Globe - - POLICEREPORTS - By Jar­reau Free­man

Striv­ing to­ward a zero tax in­crease, the Abing­ton School Board ap­proved a SrRSRsHG finDl buGJHW RI $136.6 mil­lion at the April 23 board meet­ing.

This is a de­crease from the $13T.3 mil­lion pre­lim­i­nary bud­get that was ap­proved in ce­bru­ary, but a 2.89 per­cent in­crease from this year’s $133.4 mil­lion bud­get, acFRrGLnJ WR WKH buGJHW fiJures.

Al­though the bud­get does not in­clude funds from the state and fed­eral govern­ment, as those num­bers are nRW finDl yHW, BusLnHss 0Dn- ager Christopher iionetti ex­plained how the dis­trict is work­ing to pro­duce a zero tax in­crease for res­i­dents.

The mileage rate has de­creased from the pro­posed 28.2T mills pro­jected in the pre­lim­i­nary bud­get to 28.1 mills. How­ever, home­own­ers may see a pos­si­ble 1.M8 per­cent tax in­crease from last year’s 2T.8M mileage rate, which is an ad­di­tional $42.34. Homes as­sessed at the dis­trict aver­age of $141,13M are es­ti­mated to pay roughly $3,96R in taxes, DFFRrGLnJ WR WKH fiJurHs.

How­ever, to pre­vent taxes from in­creas­ing, iionetti said $1.R mil­lion would have to be carved out of the dis­trict’s ex­penses. Thus far, the dis­trict has trimmed $T29,MMM out of the bud­get, which con­sists of $TMM,MMM of re­duc­tions in man­dated bHnH­fiWs DnG nRn-sDlDry/ nRn-bHnH­fiW HxSHn­sHs. BHFDusH WKH mDnGDWHG bHnH­fiWs have been re­duced, the state shares of those ex­penses have been re­duced, which is pro­jected to cause a de­cline in rev­enue.

How­ever, through the Ju­ve­nile Ac­count­abil­ity Block drant, which are state funds that sup­port lo­cal youth ac­count­abil­ity pro­grams, dov. Tom Cor­bett pro­posed to give the school dis­trict $123,2M1, which iionetti said was an un­ex­pected rev­enue source.

The dis­trict is look­ing at a net rev­enue de­crease of $T29,286 in ad­di­tion to the cuts in ex­penses, which in­clude de­fer­ring some of its cap­i­tal projects, to bal­ance the bud­get and reach a zero tax in­crease.

Abing­ton Su­per­in­ten­dent Amy Sichel said her staff will eval­u­ate where the dis­trict has un­der­spent in the present bud­get, which could in­crease the al­lo­cated fund bal­ance pro­jec­tion of $1M.R mil­lion by al­most a mil­lion dollars giv­ing the dis­trict a zero tax in­crease.

Re­vi­sions to the pro­posed finDl buGJHW wLll bH mDGH and dis­cussed at the jay 14 bRDrG mHHWLnJ. 7KH finDl bud­get is sched­uled to be adopted June 2R.

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