The Public School Employees’ Retirement System payments will cost more than the new high school over the next 30 years and likely will increase the State College property tax limit by a factor of 2 very soon.
Yet, the State College Area School District has not adequately addressed the looming PSERS costs that will be in addition to the 7.2 percent referendum tax increase for the next 30 years.
Taxpayers need to understand that the referendum and PSERS tax increases are going to be a double whammy.
It’s not just the referendum for the school. PSERS qualifies as a legal exception that the school district can use without a referendum — and it has for the past four straight years.
This is the education the district should provide our community so that we can vote responsibly on May 20.
Mary Marino, State College