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This building on East Main Street, Susquehanna had been on the demolition chopping block for quite some time, but once the Borough procured the proper funding this (dangerous) eye sore will soon become a much needed parking area for this section of town.
There were two topics of great concern at the March 17 meeting of the Susquehanna Community School Board.
The first has been discussed at length at the last several meetings, the district’s contribution to the PA School Employees Retirement System (PSERS). PSERS is funded through contributions from active employees, school districts, and the state. Currently, the district is paying a 5% (of payroll) contribution, but with the dismal financial market of late, the projected contribution for the 2010-2013 school year is at 28%. The governor has proposed that school districts’ contributions be kept at a more gradual increase over the next three years, at only 1% for the current year and no more than 3% thereafter, but the rate has already been set by PSERS. The district has been building up its fund balance to offset the drastic increase in payments, which at this point looks to be inevitable. Superintendent Bronson Stone has been maintaining a blog on the district’s website on this subject, but as there has been a lack of interest on the part of the taxpayers, he plans to change to a new topic this week.
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