posted by Joe Polk at 5:07 PM /
After seven meetings, school board members in Mt. Lebanon are close to approving a budget for 2008-2009, but whether the tax increase proposed remains on the books is a matter of debate.
A preliminary budget approved last month includes a .59 mill increase, which would boost taxes on a $200,000 home by about $120 a year.
But Board President Mark Hart said unexpected revenues totaling nearly $2 million, combined with a possible $1 million surplus for 2007-08 could be used to offset the proposed millage hike.
Link: www.thealmanac.net/ALM/Story/05-07-ML-board-meeting
A preliminary budget approved last month includes a .59 mill increase, which would boost taxes on a $200,000 home by about $120 a year.
But Board President Mark Hart said unexpected revenues totaling nearly $2 million, combined with a possible $1 million surplus for 2007-08 could be used to offset the proposed millage hike.
Link: www.thealmanac.net/ALM/Story/05-07-ML-board-meeting
Labels: budget, school board, school district
1 Comments:
The so called "unexpected revenue", has not only been known for roughly a year, the money had been factored in to the long range plan to keep down the interest rate of the bonds that the school district will have to issue in the near future. I am confident that the school board will be fiscally responsible and not fall for some short term, feel good, gimmick.
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