When: Conestoga Valley School District board meeting via YouTube, May 10.
What happened: Chief Finance and Operations Officer Phyllis Heverly Flesher gave a presentation on the districtâs 2021-22 proposed final budget, which calls for a 3% tax increase, the highest amount allowed by the state without seeking an exception. For the average homeowner whose property is assessed at $213,018, that translates to an increase of $91 per year in taxes.
Background: The proposed final budget leaves a deficit of $2.89 million, which officials plan to offset using $832,601 from federal COVID-19 pandemic relief funds, $1.45 million from the tax increase and $600,000 from the districtâs fund balance. Local sources represent 74% of the districtâs revenue, including retail businesses, hotels and restaurants, all of which have been hit hard by the pandemic. Additionally, the district has not seen growth in taxable assessed property values, Heverly Flesher said. And, as of now, the stat