North Penn School Board members voted unanimously on May 16 to advertise a $322 million budget proposal with a 4.49% tax increase. The tax increase is under the 5.3% Act 1 index set by the state, though that index is the highest it’s ever been. The 4.49% jump in taxes would equal a $197 increase for a home assessed at $150,000. A final vote to adopt the budget is expected at the board’s June 20 meeting, ahead of the start of the new fiscal year on July 1.
Source: The Reporter; 5/24/2024