Hesitant Exeter School Board Hikes Taxes In Tentative Budget

Map of Berks County, Pennsylvania, United Stat...

Map of Berks County, Pennsylvania, United States Public School Districts (Photo credit: Wikipedia)

Tough budgetary times call for tough decisions.

But in the Exeter School District, it looks as though school officials might put off some of those decisions for at least another year.

The school board voted 7-2 Tuesday to pass a $66.8 million tentative budget that would raise taxes 2.5 percent next year but forgo any major cuts to programs or staffing.

“We’ve been paring down as much as possible,” board member Joseph R. Staub said. “None of us want to take a tax increase, but unfortunately it is the system we have until they (the state) take the burden off of homeowners.”

Read more:   http://readingeagle.com/article.aspx?id=477240

Reading On Course For $35 Million Cumulative Deficit By 2017

A 1947 topographic map of the Reading, Pennsyl...

A 1947 topographic map of the Reading, Pennsylvania area. (Photo credit: Wikipedia)

Reading is on course to amass a $35 million cumulative deficit by the end of 2017 even if it raises property taxes by 5 percent a year, controller Christian Zale told City Council on Monday.

The budget likely will be $1 million short this year and $1.4 million short in 2014, but Zale said the city’s own fiscal cliff comes in 2015, when it expects a $10.2 million deficit.

That will be repeated in 2016 with a $10.9 million deficit, and again in 2017 with an $11.4 million deficit, he said.

“Now is the time to address the 2015 cliff, (and) also ensure future decisions do not exacerbate these projected deficits,” he said.

Read more:  http://readingeagle.com/article.aspx?id=469810

Berks County Commissioners Approve Budget

Map of Pennsylvania highlighting Berks County

Map of Pennsylvania highlighting Berks County (Photo credit: Wikipedia)

Berks County property taxes will increase by 6.3 percent to 7.372 mills under the $463.6 million 2013 budget the commissioners adopted today in a 2-1 vote.

That amounts to $43.70 annually for a property assessed at $100,000.

The tax hike, which is expected to raise about $7.7 million, is the first in eight years.

Commissioner Mark C. Scott voted against the spending plan.

Read more:  http://readingeagle.com/article.aspx?id=435024