Friday, June 18, 2010

2010-2011 Final Budget Approval, Location Change for Board Meetings, New Items on T/e-Bulletin Board, Meeting Schedule

June 18, 2010 
News from the Tredyffrin/Easttown School District
In This Issue
June 14 School Board Meeting Recap
2010-2011 Final Budget Approval
T/e-Bulletin Board
Meeting Information
Quick Links
 
 
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June 14, 2010 School Board Meeting Recap
The School Board met on June 14, 2010 at 7:30 pm at Conestoga High School. 
 
Click to view the meeting recap. 
Future Board Meeting Location Change
During the 2010-2011 school year, regular Board meetings
will be held in the T/E Administration Office (TEAO), 940 West Valley Road, Suite 1700, Wayne, PA. The next regular Board meeting will be held on August 23, 2010 at 7:30 p.m. in Room 200 of the TEAO in
Wayne.
2010-2011 Final Budget Approval
At its regular meeting on June 14, 2010, the T/E School Board approved the 2010-2011 final budget in the amount of $107,581,180. This budget amount is comprised of $105,921,180 in anticipated spending needed for operations and $1,660,000 for contingencies.The 2010-2011 budget includes a property tax increase at the Act 1 index of 2.9%, or .50 mills, which results in $2.46 million in revenue. This tax rate increase translates to an annual increase of about $128 on an average T/E home assessed at $252,601. The budget also includes $5.26 million in expense reductions and revenue enhancements; and an additional $1.48 million in fund balance contributions to close the operating deficit. A summary of the final budget is available on the T/E School District web site at www.tesd.net. In addition, the Board took action to receive the state gaming revenue at $178 per eligible property, which will appear as a property tax reduction on tax bills.
 
New Items on the T/e-Bulletin Board
An on-line listing of non-profit community events and activities:
 
 
For a complete listing of fliers, visit the T/e-Bulletin Board on the T/E School District web site.
 
The T/e-Bulletin Board is a service to the community. While the T/E School District reviews fliers for content, the District is not responsible for the actual activities or events.
Upcoming Meeting Dates 
Meetings will be held at the T/E School District Administration Offices (TEAO): West Valley Business Center, 940 West Valley Road, Suite 1700, Wayne, unless otherwise noted. Meeting agendas are linked once they are available on the TESD web site.
 
Policy Committee Meeting: 7/14, 6:30 pm, TEAO room 200
Facilities Committee Meeting: 8/20, 7:30 am, TEAO room 200
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Tredyffrin/Easttown School District | 940 West Valley Road | Suite 1700 | Wayne | PA | 19087

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