UCFSD board approves preliminary budget

This article can be found published on the Daily Local News‘ website.
(MM Architects)

(MM Architects)

EAST MARLBOROUGH — The Unionville-Chadds Ford School Board adopted a the preliminary budget for the 2014-15 school year with a proposed property tax increase.

Total estimated revenue of $76,061,320, up from the current $75,532,905 was predicted.

If the budget remains the same when passed, Chester County would see a 4.12 percent increase from the 2013-14 year with the tax rate going up from 25.7508 to 26.79. Delaware County would rise from 21.71 to 22.50, an increase of 3.64 percent.

… [Please continue the story on the Daily Local News website by clicking here.]

It averages out to a weighted average of 4.03 percent, which exceeds the Act 1 Index of 2.1 percent.

Those numbers are much higher from the increases of a year ago which saw Chester County rise 2.02 percent and Delaware County up 1.26 percent.

There is also proposed an increase of nearly $700,000 in special programs in the elementary and secondary level and about $33,000 in vocational education.

Employee benefits in regular programs have also risen from $7,625,635 to $8,718,943, a rise of $1,093,308.

Secretary of the board and Director of Business and Operations Robert Cochran stressed the importance that this budget is a preliminary plan and there will be more discussions and possible changes coming.

The board will continue to discuss the budget and hold a public meeting May 5. The board plans to adopt the proposed finals budget in May and the final approval needed should happen in June.

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Categories: Community, Education

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