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School Taxes

Tuesday, January 29, 2013

No Extra T/E School Taxes Next Year

School Board votes to hold the line on raising taxes.

The T/E School Board will not ask the state for an exception to allow it to raise taxes more than 1.7% for the 2013-2014 School Year. The full school board voted Monday night on a recommendation from the T/E School Board Finance Committee. The vote mean the board will no longer be able to seek an exception from the State School Board to raise taxes higher than the 1.7% allowed by state law for the 2013-2014 school year. While still facing a deficit, the board voted to make up any budget gap from the district's fund balance. How much that amount will be remains in flux often until the last day of June due to several variables. Current estimates put the projected deficit under two million dollars. District officials expect that it will be …

Tuesday, January 8, 2013

T/E School Board Leaves Door Open on Tax Hike

Budget still being reviewed but the door is still open on new taxes.

Update as of Tuesday at 11:30am: The Tredyffrin Easttown School District has now posted the most up-to-date budget numbers and full minutes from Monday night's meeting. They are available on the T/E District website. The Tredyffrin Easttown School Board is leaving its options open on new taxes for the 2013-2014 school year. During a largely procedural, but important to the process, special meeting Monday night Board members voted to leave open the option to ask the state to permit an exception to the current 1.7 percent cap on new school taxes for the 2013-2014 school year. The district is still projecting a deficit of $1,575,000 even with a state-permitted tax increase of up to 1.7 percent. That number can - and will- change by the time …

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Bob Byrne

11:32 am on Tuesday, January 8, 2013

I think members of the school board, based at least on their public comments, would join you in applauding more public participation and attendance at full board and committee meetings. The board's Finance Committee meeting will have its next scheduled meeting on Monday, January 14 at 7p.m.. at the district's Administrative Offices (940 West Valley Road, Suite 1700 in Wayne). That's when they …   more ›

Wednesday, January 2, 2013

T/E School Board Sets Special Budget Meeting

As tax questions and a state deadline loom, the Tredyffrin Easttown School Board plans a special meeting.

The Tredyffrin Easttown School District Board of Directors wil hold a special meeting next Monday to determine whether or not it will need to ask the state for permission to raise taxes above the state-mandated limit. The board must decide whether it wants to keep the option open  by requesting an exception. It would not necessarily mean a higher tax increase. If the board does not request the excpetion it would not be allowed to raise taxes above the state permitted limit. When the board last met in December the budget estimates, which change constantly, were not firm enough for board members to make a decision and so the special meeting was scheduled. According to an announcement on the T/E School District website: The Board of School …

Friday, June 15, 2012

T/E School Board Votes to Raise Property Tax

Faced with a potential looming budget crisis from projected pension expenses, the T/E School Board votes for the maximum tax hike allowed,

Faced with a looming projected severe budget shortfall the T/E School Board voted Thursday night to raise taxes, cut spending and dip into the district's fund balance. The 3.3% increase amounts to an average of $155 more in property taxes for homeowners in the T/E School District. The final vote was 7-2 Thursday night during a special meeting of the board held at Conestoga High School. The bottom line on the budget: The final budget, which can be viewed on the district's website, also includes about $2million in cuts over earlier proposals in the nearly year-long budgeting process. The 2012-2013 T/E School budget that passed Thursday night also includes (mostly tax) revnues of $109,176,818 and spending of $110,334,406. The difference …

Sleeping Giant

6:49 pm on Sunday, June 17, 2012

No one is blaming the teachers or the board who negotiated the contract. Blaming does not solve the problem. The district is simply never going to have the money to make good on these escalating pension and benefit payouts. The labor market does not operate under the rules that people get raises every year. People paying taxes don't get raises every year and dental benefits and reimbursement on …   more ›

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