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The New Kensington-Arnold School Board will decide in June if there will be any property tax increase for next school year.
The school board approved a $40.05 million proposed budget Tuesday that currently carries no tax increase. The district’s millage rate is 88.27 mills.
With revenue of $39.62 million, the budget has a shortfall of about $426,600. Without a tax increase, it would be covered by the district’s reserves, which are expected to be about $2.23 million at the start of next school year.