PVSD Lists Potential Cuts for 2013-2014 Budget
The school district is dealing with a $6 million shortfall.
Perkiomen Valley School District Business Administrator Jim Weaver admitted there was “very little movement” in the proposed 2013-2014 budget between the December and January Perkiomen Valley School Board meetings, but presented a lit of potential revenue enhancements and expenditure reductions are being considered. According to Weaver’s Jan. 14 budget presentation, the proposed expenditure total as of Jan. 14 is $96,723,433, and the proposed revenue is $90,671,049 – leaving a $6,052,384 shortfall. With no cuts, this would lead to a real estate tax increase of 10.11% from the 2012-2013 real estate bill. Due to the Act 1 Index, PVSD is only permitted to raise taxes 2 percent without seeking voter approval. The permitted tax increase will …
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