Thursday, February 21, 2013
The 2013-14 budget currently has a $7.6 million increase over the approved 2012-2013 document.
The Colonial School Board unanimously approved a preliminary budget on Feb. 14 with a $7.6 million increase over last year's budget, leaving a $4.6 million shortfall to cut down before the final budget is approved in June. The budget is just over $103 million, a 8.06 percent increase over this year’s budget. The largest budgetary increase is instruction, which increased $5.2 million, and support services, which increased just under $1.5 million between the 12-13 approved budget and the 13-14 preliminary budget. Based on Act 1 legislation passed in 2006, the school district is only permitted to increase the real estate tax rate by 1.7 percent without a referendum. However, districts are permitted to apply for various exceptions that allow …
Monday, May 21, 2012
The change reflects a decrease from the originally proposed four percent figure.
The Colonial School District now plans on a 3.4 percent real estate tax increase as a part of its 2012-13 budget, a revision from a the originally proposed four percent. The board voted on the final proposed budget at its May 17 business meeting. The public will now have over a month to review the budget before its final approval by the board on June 21. The tax equates to an additional $38.74 per year for each $100,000 of taxable assessed value, or an increase of $69.04 on the median assessed value of $147,080. The revised figures came after administrators shrank original 2012-13 expenditures to $94,354,100, from the $99,474,015 proposed in January. According to an e-mail sent by the district, board member Mel Brodsky and president Alan …
Wednesday, December 21, 2011
Montgomery County Board of Commissioners approve final, $417.4 million budget for 2012.
The Montgomery County Commissioners approved a 2012 operating budget Wednesday that will increase the county's average property tax bill by about $80 per year. The $417.4 million budget preserves 2011 funding levels for Montgomery County Community College, the Montgomery County-Norristown Public Library, and the Elmwood Park Zoo. Each of those institutions had been threatened with severe reductions in county funding in a preliminary budget posted last month. "There's a certain threshold we must maintain in order to provide the services our citizens expect," Commissioner Bruce Castor said. "I'm loathe to vote for a tax increase, but I simply don't see how we can continue to provide the services the county is expected to provide without one…
Jim mckenzie
5:05 pm on Monday, February 25, 2013
A $103 million budget for 4722 students would amount to over $21,000 per student. That amount is greater than many private schools. more ›