The Phoenixville Area School Board held off on a scheduled adoption of a $113 million proposed final budget, deciding instead to review it one more time with an eye toward raising the new tax rate higher than the 1.89% being proposed. School Board President Susan Turner said the planned opening of the Seven Stars Elementary School in the 2025-2026 school year will add another $2.2 million to the budget with the hiring of new teachers, which will be a recurring expense on the payroll. As a result, the district could be facing a budget that raises taxes by another 4.2%, which is close to the tax cap index the state will impose in the 2025-2026 school year.
Source: Mercury; 5/7/2024