Scranton School Board Passes Budget With No Tax Increase

Map of Pennsylvania highlighting Lackawanna County

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

Scranton residents will see one tax bill stay the same for 2013.

The Scranton School Board on Thursday night unanimously approved a $120.4 million budget that calls for no tax increase.

With a city tax increase of about 25 percent and a 4 percent increase in Lackawanna County taxes, Scranton school directors said they wanted to give residents a break.

Directors had been looking at a tax increase of 1.35 percent, but with interest rates for tax anticipation notes coming in lower than expected, finding additional health care savings and using $1.18 million in capital improvement money to pay down debt, officials balanced the budget.

Read more:  http://thetimes-tribune.com/news/scranton-school-board-passes-budget-with-no-tax-increase-1.1422154

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