The Conewago Valley School District Board voted Monday night on a proposed 2022-23 budget that would raise property owners’ real estate taxes by 4.6 percent.
New Oxford School District unanimously approved its final budget, including a 2 percent property tax increase, half of what was allowable by the Act 1 Index.
The final budget anticipates expenses totaling $70,204,526 with revenues of $68,170,717, leaving a deficit of $2,033,809 that will be taken out of the fund balance, said District Business Manager Lori Duncan. She projected the fund balance would be at $5,707,793 at the end of the 2021-22 school year.
âAs a whole organization weâre moving forward, weâre doing such a good job for the community and also being fiscally responsible,â said Duncan.
For taxpayers, the average annual increase on a $100,000 home will be $27.84, said Duncan.