posted by Joe Polk at 3:15 PM /
School board members in Mt. Lebanon approved a preliminary budget with a .59 mill tax increase, but extra revenue from some unexpected and expected sources will give the board something to think about in the next month, according to board President Mark Hart.
The budget will be on display for 30 days and will be approved in final form in late May. Hart said April 14 the district will receive about $1.1 million in new revenue from two outstanding tax appeals and another $1 million-plus will be carried over from this year's budget. The $1.1 million in new revenue could come into the district's coffers this week. Citing yet additional budget surpluses in various funds totaling $12 million-plus, Hart said he will support a change in the way the district budget process works.
Link: www.thealmanac.net/ALM/Story/04-16-ML-school-budget
The budget will be on display for 30 days and will be approved in final form in late May. Hart said April 14 the district will receive about $1.1 million in new revenue from two outstanding tax appeals and another $1 million-plus will be carried over from this year's budget. The $1.1 million in new revenue could come into the district's coffers this week. Citing yet additional budget surpluses in various funds totaling $12 million-plus, Hart said he will support a change in the way the district budget process works.
Link: www.thealmanac.net/ALM/Story/04-16-ML-school-budget
Labels: budget, school board, school district
3 Comments:
Kudos to board members who continue to challenge the status quo and mold the MTLSD 08-09 budget.
Our historical budget process as orchestrated by the finance department is crummy and left uncontested will continue to bring discord to the Community, leave residents over-taxed and create yet another substantial budget surplus.
This year’s budget started off as expected with our annual game of Three-card Monte. Just look at how Earned Income Tax (EIT) has moved around.
The EIT estimate in the February draft budget presented by the Superintendent was $5.49MM, a material drop off from the current year’s estimated actual of $5.71MM.
Within a month, Mr. Allison raised his EIT estimate for the new budget to $5.88MM. This find of $388K shaved 0.19 mills from his original 1.53 mill increase in the draft budget.
I don’t know who prompted Mr. Allison to come up with a more realistic estimate - but thank you. Without this intervention the $388K would have been a direct pass through to a growing budget surplus.
It is time for a different way of doing business. Go get ‘em!
Yep. Let's do all we can to try and dissuade a for-profit business from erecting and maintaining an addition to our booming business district. Especially when it's a whole 2000 square feet bigger than the current code allows! All anyone wants to generally talk about, and rightly so, is how high our property taxes are relative to (include city or county here). Yet here we are with a chance to add some fresh money to the pot and some would rather continue to look at the lovely parking lot maintained by Howard Hanna and the other office building located to its south. Makes sense to me....
[BobReichJr let me know that he intended that his comment appear underneath the Zoning post. I can't move comments around, and I don't have a way to contact Bob directly. So: Bob, feel free to repost the comment in the appropriate location, and I'll delete it here.
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