The Souderton Area School District’s 2024-2025 budget will include a 5.3% tax increase — the maximum allowable by state law without special exemptions. The budget marks the second consecutive year the school district has raised taxes to the maximum allowed by the state’s Act 1 Index. School board members have attributed the need for tax increases to inflation, special education costs, charter school tuition payments and insufficient funding from the state. Director of business affairs Michael Taylor described the tax increase as necessary to avoid similar increases in the future. If approved without change, the school district millage rate will increase from 32.729 mills to 34.4636 mills. The school board is scheduled to adopt the final budget at the Wednesday, June 26, meeting.
Source: The Reporter; 6/15/2024