The will be allowed to raise taxes up to 3.67 percent for the 2012-2013 school year, according to information provided at the Parkland School Board meeting on Tuesday.
The district had applied to the state Department of Education for permission, or special exceptions, to raise taxes above the state-mandated Act 1 index of 1.7 percent because of costs outside of its control. The state designed the "exceptions" to help districts pay for such costs.
Parkland had applied for exceptions related to escalating special education costs and fixed distributions to the Pennsylvania State Employee Retirement System. Both are mandated by the state.
In January, the Parkland School Board for the 2012-2013 school year that would require a 4.96 percent tax increase, above the cap. However, school officials have been working to reduce the budget and potential tax hike, through wage freezes, , .
If the district passes its final budget in June at the tax cap, the district’s millage would increase 1.46 mills, to 41.19 mills from 39.73 mills.
An all-day budget seminar is planned for Friday, March 30.
Keep this up and very soon you will see mass exodus from certain school districts. Home prices were ruined by the bubble. Then, and now still, people can not borrow money to buy homes that have become reasonably priced. Next...sellers will not be able to sell and buyers will not purchase a home with an $8,000+ school tax bill.