State College School Board's Public Hearing Nearly the Last Step in Passing Final Budget
It has been nearly a year in the making, but Monday night the State College Area School Board of Directors will have a public hearing on its proposed final budget for the 2012-13 school year.
The 7 p.m. hearing at the Mount Nittany Middle School is not a voting meeting, but once concerns are addressed and the meeting adjourns, the budget will be on the agenda for the following Monday's regular Board of Director's meeting.
The board set its proposed budget at $116.6 million at its May 21 meeting with a unanimous 9-0 vote.
The school district had to create a budget without knowing what allocations it will receive from the state. Last year, Gov. Tom Corbett dished out sweeping cuts to education on all levels.
While school district officials are watching the state's activity closely, there is no guarantee the district will receive the aid it needs from the state.
Regardless, the district has created a proposed final budget that is a win for homeowners. The proposed tax increased dropped dramatically from an original 3.3 percent to 2.7 percent, before a final dip to 2.4 percent, where the school district decided to keep it.
The tax increase would be made up of 1.7 percent Act I permissible tax and then using a partial Act 1 exemption for pension expenses. The district will not be using any of the special education exemption for which it is qualified.
The meeting Monday is open to the public and is expected to move quickly.