The Daniel Boone School Board unanimously approved its preliminary budget on May 21 with a 1 mill increase, raising the millage from 25.25 mills to 26.25. Board President Alan Ross was not present.The board couldn't increase the millage beyond the 1 mill. They hope to lower it to 75 mills before the final budget is approved June 25. That would require reducing the $800,000 deficit. One mill is equal to $1,025,632. The preliminary budget is $44,233,719 and includes a 4.5 to 5 percent basic education subsidy. The Pennsylvania Legislature hasn't yet approved its 2007-08 budget.
The Finance Committee will look at May revenue, expenses, and determine if the fund balance would be tapped before recommending lowering the tax levy to 75 mills. There is a $42 difference between 75 mills and 1 mill.
District expenses include hiring nine new teachers and possibly two maintenance employees. District Superintendent David H. Robbins said the new positions are the result of increasing enrollment and larger class sizes. District officials have put the healthcare increase at its maximum of 19.45 percent. This is the first year since 2000 that the district's debt service will not increase.
Business Manager Robert P.
Bruchak said the starting point for the 2007-08 budget was much higher than previous years; the district was finally able to incorporate the 18 percent state subsidy ($963,000) the district received last July. The 2006-07 final budget was approved last June with an expected state subsidy of between 2 and 6.4 percent.
The final budget will be less than the district's index of $1.1 million. The board approved Jan. 22 to "lock themselves into" their preliminary 2007-08 budget figures. The board approved a resolution that caps any real estate tax increase at $1.1 mill.