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Thursday, May 18, 2017

Keystone Central to tackle budget, school choice tonight

Budget for 2017-18 includes a 3.4 percent property tax increase
 
Lock Haven.com
RENOVO — The Keystone Central School Board has a busy agenda tonight at their spring meeting at Bucktail Area High School in Renovo.

And the decisions the board makes likely will weigh heavily into the future.

The board is set to vote on a tentative $77 million budget for 2017-18 that includes a 3.4 percent property tax increase in order to partially cover a projected $5.7 million deficit.

That tax hike should mean the following:

r It’s projected to raise $545,000 in additional tax revenue.

r For properties with a taxable value of $93,300, it will mean increases as follows: Clinton County, $30.79 more; Centre County, $122.22 more, and Potter County, $78.37 more.

Tonight’s vote is preliminary approval; budget adoption is set for the board’s June 15 meeting at the Central Mountain High School library. Read more...

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