The Bermudian Springs School Board unanimously adopted a preliminary budget for the 2021-22 school year that will require the district to dip into its reserves for a second year in a row.
The tentative budget calls for a 4.1 percent property tax increase, the maximum allowed by the Act I Index, but that percentage may be reduced or eliminated by the time the budget is finalized in June.
âKeep in mind itâs a preliminary budget. Whatever we establish, we cannot go up, we can only go down,â said Board President Michael Wool. âWeâve always adopted the index as the preliminary, but there have been a number of years we have not gone to the index.â