Taxpayers in Coatesville Area School District are looking at a potential 3.9% tax increase for the 2021-22 school year.
Just prior to the April 14 school board meeting via livestreaming, the boardâs finance committee heard a budget update from Lori Diefenderfer, director of business administration.
The latest version of the draft budget shows expenses of $187.1 million and revenues of $177.4 million, leaving a gap of $9.7 million.
Raising the tax rate by the stateâs Act 1 adjusted maximum of 3.9% cuts the budget gap to $5.6 million. The proposed property tax would rise to 39.6917 mills if the board votes to accept the administrationâs recommendation.