Friday, May 6, 2011

School Board to Vote on Proposed Final Budget on May 9, Finance Committee Reviews Budget Strategies, Meeting Schedule

May 6, 2011 
t/e-news
Tredyffrin/Easttown School District's E-Newsletter
In This Issue
Proposed Final Budget
Budget Strategies
Meeting Information
Quick Links


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School Board to Vote on Proposed 2011-2012 Final Budget at May 9th Meeting

The School Board will present and vote on the proposed 2011-2012 final budget at its regular meeting on May 9, 2011 and then vote on the final budget at its June 13, 2011 regular meeting. These meetings will be held at 7:30 pm at Conestoga High School and are open to the public.

 

Click here for the May 9, 2011 Regular School Board Meeting agenda.

 

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

Finance Committee Reviews Budget Strategies and Recommends Proposed Final Budget at May 2nd Workshop

The T/E School Board Finance Committee met on May 2, 2011 to discuss the 2011-2012 budget and recommend a proposed final budget to be voted on by the Board at the May 9, 2011 regular school board meeting.

 

The Finance Committee is working on a proposed final budget that includes a tax increase of 3.77%. Tax increases for the 2011-2012 school year are limited to 1.4% by Act 1, the Pennsylvania Taxpayer Relief Act. To generate additional revenue, 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 by an additional 2.37%, for a total tax increase of 3.77%.

 

Throughout the year, the Finance, Education and Facilities Committees have studied budget strategies to address the budget deficit. The proposed final budget includes revenue enhancements and expenditure reduction strategies of $3.92 million.

 

Click here for the full press release.

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.

Regular School Board Meeting, 5/9, 7:30 pm, CHS
Education Committee Meeting, 5/10, 12 noon, TEAO
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.

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Tredyffrin/Easttown School District | 940 West Valley Road | Suite 1700 | Wayne | PA | 19087

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