UPDATE: Typo Means Lower Taxes This Year For Pennsbury Residents
To balance the upcoming 2019-2020 school year budget, the Pennsbury School Board voted to increase taxes.
The school board voted Thursday evening to raise taxes 2.11 percent to close a $3,163,660 gap between $213,555,702 in revenues and $216,719,362 in expenditures.
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The tax increase would cost the average district homeowner $113.38 next year.
The district will grow spending on contractual obligations for salary and benefits, new IT equipment, facility upgrades, $50,000 on transportation, and $300,000 for additional curriculum.
Savings were realized through energy savings, insurance costs, decreasing substitute costs, and new revenue from a aquatics program. A higher than expected number of resignations also helped save funds.
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The administration worked over the past months to see where savings could be realized for the upcoming school year, Superintendent Dr. William Gretzula said.
