Neshaminy School District taxpayers will not be paying more in school taxes next year.
The school board voted last week to approve a $172 million spending plan.
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The district’s 2014-2015 budget adds district-wide full-day kindergarten, additional reading programs in the middle schools, more computer-based programs to curriculum, additional advanced placement classes at the high school and building security upgrades, Superintendent Robert Copeland said.
The district has allotted just under $8 million from the reserve fund to be put to fill the gap between revenues and expedatures. Officials said last week that the final amount taken from the fund will likely be less than $7.7 million. The reserve fund currently has about $17 million.
The superintendent said Public School Employees’ Retirement System (PSERS) obligations, underused facilities, revenues and state aid will continue to be a problem for the district in future years. Copeland has previously said a tax increase would likely be necessary for the next budget cycle.
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Neshaminy’s business administrator Barbara Markowitz said the district will put out $16.7 million next year for PSERS. She did note that the state reimburses half of the pension costs to the district but the PSERS contributions still hurt the district.
The district has gone several years without a tax increase.
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Also at the meeting, the board approved raising the price of elementary and middle school lunches by 10 cents. Officials said the move is the result of a federal mandate.
