In a unanimous vote, the Bellefonte Area school board approved a budget calendar that mapped out deadlines regarding the district’s 2015-16 budget.
Ken Bean, district director of fiscal affairs, said he wasn’t ready to release any preliminary figures, but will unveil the district’s five-year budget plan at next month’s board meeting.
The question that’s still up in the air, however, is the amount of funding coming from the state.
“We just don’t know,” said board President Keith Hamilton. “(Gov.-elect Tom) Wolf ran on education funding, but we’ll see where the money comes from.”
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The budget calendar was created by Bean to give the nine-member board a “heads up” with what needs to be done, and what’s coming up, Bean said.
The next deadline is Dec. 31 to notify property owners of the h omestead/farmstead exclusion program.
According to the state Auditor General’s Office, property owners can apply for the tax exclusion through Centre County. Farmers can qualify for a farmstead exemption on facilities used for agricultural purposes, on at least 10 acres and as the primary residence of the owner.
The deadline to apply for the program is March 1.
Bean will then introduce a preliminary budget in February, with the board reviewing it four times before a final proposed 2015-16 budget is put to vote May 19.
The district must submit the 2015-16 final budget to the state Department of Education by July 15.
Bean said it’s a long process that he hopes will be finalized by the end of June.