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Stars & Budgets At MVSD
Much of the May 19 Mountain View School Board meeting was taken up with discussions of budget. Dr. Chichura went through, for the board and public, three budgetary scenarios. In all three scenarios the expenditures were the same, but the mills of real estate tax varied – 33 mills, 33.5 mills, and 33.94 mills. The first scenario would be a one mill increase from the current year’s budget, and the last would be the highest allowed millage under Act 1. Once a tentative budget is adopted the millage could be reduced, but not increased. After significant discussion, the board approved a tentative general fund budget of $16,938,483, incorporating 33 mills. This decision was made by a narrow margin – 5 affirmative to 4 negative.
SCSD Approves Tentative Budget
The Susquehanna Community School Board covered a very comprehensive agenda at their May 21 meeting.
There was considerable discussion of the 2008-09 budget. With gambling revenues now being distributed, next year qualified property owners will see a tax credit of approximately $315. About 1,265 properties have been approved for a homestead or farmstead exclusion by the county (roughly fifty of those properties qualify for both exclusions and will receive credits for both). The state budget has not been finalized yet, but it is expected that the district will see a 1.5% increase in basic education funding. Unfortunately, that increase won’t cover the increases in the cost of heating oil. If the state budget passes by deadline, there is always the chance that the district’s funding could be increased by more than that 1.5% but it seems unlikely.
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