The final budget adoption is expected to take place at the May 23 meeting.
The Rose Tree Media School Board proposed the 2013-2014 general fund budget at a special meeting on April 9. The final budget adoption is expected to take place at the May 23 meeting. If approved, the proposed $84,335,989 budget would bring a tax increase of 1.7 percent for a millage rate of 22.9913, according to the April 9 meeting minutes. A 1.7 percent increase equates to an annual increase of $77 for the average home assessment of $204,941, according to RTM Director of Management Services Grace Eves. "The proposed budget is a work in progress and may change before final adoption," Eves said in an email message. "The administration will continue to review revenues and expenditures until the final budget adoption on May 23." In January, …
The Rose Tree Media Board of School Directors unanimously approved the 2012-2013 general fund budget at its meeting last week.
The Rose Tree Media School Board unanimously approved the 2012-2013 general fund budget at its meeting last week. The $80.3 million budget will bring a 1.7 percent tax increase to residents and will not cut any academic programs. The 1.7 percent increase means an annual increase of $75 for the average home assessed at $205,300, according to Rose Tree Media School District Finance Committee Chair Bill O’Donnell. The budget was originally proposed to be $83.1 million and the finance committee was able to bring it down to $80.3 million without cutting programs. However, residents saw no tax increase from last year's $80.6 million budget. O'Donnell said that although there is a tax increase, the board was able to maintain the district's …
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Rose Tree Media School District
308 N Olive St, Media, PA
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Bart
7:21 am on Wednesday, May 15, 2013
Unfortunately, the annual raises have outpaced the cost of living so it keeps adding up. Plus, the 70% of us who don't utilize the schools are tired if funding those who do. If funds were managed better, it may not be a big deal but when we read things like the District getting into the natural gas industry for minimal return on investment, it tends to raise the hair on our necks. We could do … more ›