School district planning for tax increase
Budget subject to change until June 30
Despite the end of the school year quickly approaching, residents and school administrators Tuesday evening filled the Warwick School District meeting room for the board’s monthly meeting. Getting an earlier than normal start on finalizing next year’s budget, the board unanimously approved a proposed final budget for the 2014-15 school year.
Administration and the board of directors continue to work on the $65.7 million budget, which is currently projected to raise taxes. The preliminary budget calls for a .4994 mil increase in property tax, or an increase of 2.6 percent, to set the total millage rate at 19.7094. District calculations for the tax impact on an average district residence appraised at $170,000 were not available at press time. According to district documents, as of April 10 the Pennsylvania Department of Education has not released the latest software update to allow districts to process a proposed final budget.
The current school year budget created a .64 mil increase in property taxes, or a millage increase of 3.45 percent, to set the total rate at 19.21. The budget process is ever evolving and the tax impact is subject to change.
“The Legal and Finance Committee [sic] did have a chance to listen to (business manager Nathan Wertsch explain) rather essential details … of the budget process,” said committee chair Darryl Miller. “As we move forward we are very confident coming out of the meeting that we are on the right track.”
The district is required by the state to pass a budget by June 30. No further comments or conversations were held on the budget on Tuesday by the board, administration or residents in attendance.