Marple Newtown proposes budget with tax hike
NEWTOWN » The Marple Newtown School Board voted unanimously to adopt the 2018-2019 proposed final budget of $85.4 million – including a tax hike.
The district’s Act 1 index for next year, as set by the state, is 2.4 percent and the directors moved in January that the tax increase would not exceed that figure. Unlike previous years, the board is not seeking exceptions through the Pennsylvania Department of Education.
The proposed budget represents a 5.1 percent increase over the current year. Nearly 53 percent ($45.2 million) is allocated for instruction, 34 percent ($29.3 million) for support services, 11 percent ($9.2 million) for financing and 2 percent ($1.7 million) for operation of non-instructional services.
The major drivers of the tax hike are salaries, benefits and debt service for building renovations and the district modeled an increase in the latter for discussion purposes, said Business Administrator Joe Driscoll.
The proposed final budget is available for inspection at the district Administration Building and on the district website, www. mnsd.net. The budget may be amended before final adoption, slated for June 26.