Jeannette schools ahead in revenue collections
Jeannette School Board is in the process of building the 2013-14 budget and part of that work has been taking a look at year-to-date tax collections.
During Jeannette City Council's last meeting, council discussed some issues it was having with tax collections related to some changes made in the tax collection office. Council finance chairman Bill Bedont said real estate taxes for the city and the school district were coming in more slowly than in previous years due to those changes.
At this weeks' board meeting, Superintendent Matthew Hutcheson said that while district revenues are slightly behind last year's total revenue collection the district's expenditures are also behind last year's total for the same period. Hutcheson said the board's hope is to continue that trend and see a surplus at the end of this year's budget in June.
“Through March 31, the district has realized an increase of more than $24,000 in the amount of taxes that have been collected after adjusting for the 1-mill tax increase,” Hutcheson said. “We are cautiously optimistic that next year's revenues will show a similar trend. In the area of other revenues, the district is slightly behind for the per capita and occupation taxes by less than $600 for the year to date.”
Hutcheson said the district's Earned Income Tax rate is currently at 96 percent of its anticipated total. With three months remaining in the district's fiscal year, the board expects to exceed the projected income from that tax.
“Some of the additional revenue was generated from a carryover of last year's funds through the transition to Berkheimer as the collection agent for the district, city and county,” Hutcheson said.
A budget planning meeting is scheduled for Monday at 6:30 p.m. at the administration building.
Kristie Linden is an editor for Trib Total Media. She can be reached at email@example.com or 724-838-5154.