The State College Area school board on Monday reviewed the district’s 2017-2018 proposed final budget during a public budget hearing held ahead of next week’s vote.
Business Administrator Randy Brown and Assistant Business Administrator Donna Watson presented the board with the proposed budget, which includes $150,229,781 in revenue and $152,122,249 in expenses.
The proposed revenue reflects about a 4 percent increase from last year, and the expenses are increased by about 3 percent.
The budget proposes a real estate tax increase of 1.55 percent, the district’s smallest increase since the 2007-2008 school year. The millage will be 44.15, which is an increase of .67.
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The tax increase equates to an additional $49 per year for residential homeowners with an assessed property value of $72,239.
Local revenue, which includes property tax, accounts for about 81 percent of the district’s funding. State funding accounts for the remaining revenue.
The proposed budget funds the addition of an elementary principal for Ferguson Township Elementary School, which has been sharing a principal with Corl Street Elementary. Budget funding will also allow for a psychologist for gifted and learning evaluations; an additional information technology systems programmer; development of an international baccalaureate programme and hybrid or online curriculum developers.
The board will vote on the final budget at its June 12 meeting.