DuBOIS — Property owners in the DuBois Area School District are assured that their tax bills for the 2018-19 school year will not rise more than 3.3 percent.
At its last meeting in January, the school board approved a resolution committing to keeping any tax increase for the coming year to no more than the 3.3 percent allowed under the state’s Act 1 index. Last year, the rate was 3.5 percent and the board did not raise taxes by that amount.
Approving the resolution allows district administrators to continue the budget planning process.
Total revenue projected in the preliminary 2018-19 budget that Director of Finance Jeanette Buriak presented at a January work session is listed at $64,350,227 while expenditures are projected to be $64,350,227.
Passing this resolution does not mean there will be a tax increase.
“The resolution simply says that the DuBois Area School district will not raise taxes beyond the index. This year, our index is 3.3 percent,” Buriak said. “It does not mean that the board intends to raise taxes. It just gives you the option to keep the option available, but no further than the index.”
This month, preliminary allocations from the state are presented to the school districts based on the Governor’s Budget Address. Between March and April, the administration will continue to collect updated data relevant to the budget.
The proposed final budget is expected to be adopted at the May 17 meeting. The final budget will be adopted at the June 21 meeting.