RTM School Board Approves $80.6 Budget

The unanimously approved the 2011-2012 school budget at its meeting Thursday.

Rose Tree Media School District Finance Committee Chair Bill O’Donnell said there are cuts within the budget but none of those are affecting programs.

The district lost $1.1 million in state funding but it was also able to make reductions in professional services for substitute teachers, security guards, travel expenses and equipment requests in order to prevent a tax increase, according to Director of Management Service for the District Grace Eves.

The current tax rate is 22.25 mills and will remain the same for next year. That means the average homeowner’s property assessment of $205,173 would have a school tax bill of $4,566, according to Eves.

To view the full budget click here or click on the PDF file above.