The Penns Valley Area school board unanimously approved the 2015-16 proposed preliminary budget on Wednesday night that calls for a 3.25 percent increase — or $810,267 more than the current budget.
In February, the board will then adopt a preliminary budget.
The $25,725,348 proposed preliminary budget comes with a 3.37 percent tax increase, said district business manager Jef Wall.
That’s about a $75 increase per median assessed house value in the district, Wall said.
But Wall said the proposed preliminary budget is a conservative estimate that “gives the board the maximum options.”
“This budget preserves all of your options when it comes to taxation,” Wall told the board. “When we get to April and May and things change ... all of those things come together and will allow you the flexibility to go where you want within the amount allowed by (Pennsylvania Department of Education).”
Wall said he included the same amount of state funding in the proposed preliminary budget as the district received last year.
The state will release its preliminary budget in March.
Wall said he is not optimistic that the district will get an increase in state funding.
“Let’s just say I’m not holding my breath,” he said. “Wherever we are today is where we’re projected for next year.”