Financial State of the District
Throughout the school year, either via direct communication or school board budget meetings, we have attempted to keep our internal and external constituents informed about the current state of our finances.
The Boyertown Area School District is projecting a preliminary budget deficit of $3.6 million for the 2019-20 school year. If the School Board approves the base tax increase under Adjusted Act 1 Index (2.8% increase), that deficit shrinks to $1.8 million. This amounts to an increase of $74/year ($6/month) on a home assessed at $100,000.
As in previous years, the Boyertown Area School District will also be applying for exceptions allowed by the Pennsylvania Department of Education related to our special education costs. This permits the Board to raise taxes above the 2.8% to cover the expenses of special education costs. This year, that amounts to approximately .85%, for a total increase of 3.65% (an additional $22/year in taxes on a home assessed at $100,000). Below, please find a document that provides a summary of the financial state of our school district. We will continue to work diligently to create a balanced budget that does not negatively impact the quality of education for our students.
As you review the information, please keep in mind that our financial challenges will take time to overcome and Boyertown is not alone. Other school districts in Pennsylvania are experiencing similar challenges as evident by the recent article regarding one of our neighboring school districts: Exeter School Board's preliminary budget includes 4.5% tax hike.