Pottsgrove School District Mulls $61 Million Budget With 3.3% Tax Hike

Location of Lower Pottsgrove Township in Montg...

Location of Lower Pottsgrove Township in Montgomery County (Photo credit: Wikipedia)

LOWER POTTSGROVE TOWNSHIP— Facing a potential budget shortfall of $1.9 million, the Pottsgrove School Board voted unanimously Tuesday to advertise a proposed $60.9 million budget for the 2013-14 school year that would raise taxes by $155 for the average district homeowner.

However, those figures are unlikely to remain unchanged until June, when all final school budgets must be adopted.

The district is working under the constraints of Act 1, which requires a district to either declare it will not raise taxes above a state set index — as Pottstown did last month in committing to keep any tax increase at or below 2.4 percent — or advertise a preliminary budget.

The Pottsgrove board chose the second option, voting to advertise a preliminary budget presented publicly for the first time Tuesday night by Business Manager David Nester.

Read more:  http://www.pottsmerc.com/article/20130125/NEWS01/130129618/pottsgrove-mulls-61-million-budget-with-3-3-tax-hike#full_story

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