Tredyffrin News: School Board Approves Proposed 2011-2012 Final Budget, Citizen Tax Study Group, New Items on T/e-Bulletin Board, Meeting Schedule

At its regular meeting on May 9, 2010, the T/E School Board approved the 2011-2012 proposed final budget. The 2011-2012 proposed final budget includes a property tax increase of 3.77%; which results in $3.2 million in revenue, or $171 to the average assessed T/E homeowner; $3.85 million in expense reductions and revenue enhancements; and $2.25 million in fund balance contribution to address the $8.9 million gap between revenues and expenditures. To generate additional revenue to address the projected budget imbalance, the School Board directed the administration in January 2011 to apply to the State for referendum exceptions to the Act 1 tax rate limit. The State approved the District's application for exceptions, providing the School Board with the option to raise taxes above the Act 1 index of 1.4% by an additional 2.37%.

Click here for the full press release.

Click here for the proposed 2011-2012 final budget presentation.

Click here for the 2011-2012 budget development section of the TESD web site.

School Board Seeks Residents to Join Tax Study Group

The T/E School Board is seeking interested residents of Tredyffrin and Easttown Townships to join a citizen Tax Study Group. This citizen group will study the effect that an Earned Income Tax (EIT) would have on the school district and its residents. Following its study, the Tax Study Group will present the pros and cons of an EIT to the School Board and community members. The Tax Study Group will meet up to eight times through the months of September and October 2011. Tax Study Group members must be willing to be introduced publicly and participate at televised meetings.

Community members who are interested in applying to be part of the Tax Study Group may apply on-line at the T/E School District web site. Paper copies of the application may be picked up at the T/E School District Business Office at 940 West Valley Road, Suite 1700 in Wayne. All applications must be submitted by June 15, 2011. Community members who are selected for the Tax Study Group will be notified after June 20, 2011.

Questions? Contact Arthur McDonnell, T/E School District Business Manager, at (610) 240-1801.

New Items On The T/e-Bulletin Board

An online listing of community non-profit events and activities.For a complete listing of fliers, visit the T/e-Bulletin Board on the T/E School District web site.

T/E School District Dental Health Newsletter

Chester County Intermediate Unit Summer Career Academies

Tredyffrin Library Summer Reading Program

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.

Facilities Committee Meeting, 5/20, 12 noon, TEAO

Special School Board Meeting, 6/1, 5:30 pm, TEAO

Facilities Committee Meeting, 6/10, 12 noon, TEAO

Regular School Board Meeting, 6/13, 7:30 pm, CHS

Public Information Committee Meeting, 6/14, 9:00 am, TEAO

Information contained in this e-newsletter is intended for parents of students and community members of the Tredyffrin/Easttown School District and is not intended to be copied or posted onto third-party web sites. The official web site address for the Tredyffrin/Easttown School District is www.tesd.net.