Early Erie School District budget shows $7.4 million gap
At
The district is expecting charter school costs to increase by
Pension contributions will also increase by
The early budget does not include any tax increase and assumes no increase in funding from the state for the coming school year.
"A preliminary budget simply outlines our starting position in terms of anticipated revenues and expenses for the following year," district Director of Communications
The rising expenses and uncertainty of the state budget -- Gov.
The state's property tax relief law sets an annual tax ceiling, or index, that districts cannot go above without receiving an exception from the state or holding a public referendum. The index for Erie is an increase of 2.9 percent in 2015-16.
District Business Administrator
Districts that chose not to adopt a resolution committing to stay under the Act 1 index were required to post proposed preliminary budgets for 2015-16 by Thursday, and must approve budgets by
Final budgets must be passed by
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