Hampton school officials talk tax increase for next school year
Hampton Township School District school officials planned to approve a budget for the 2013-14 school year on Monday, June 10, with a millage increase in part to fund technology needs in the district.
Last week, the school board agreed to increase the millage above the revenue neutral adjusted millage to partially fund the budgetary shortfall and increase revenue by $100,000 to purchase needed computers and technology devices not previously covered in the budget.
School board member and finance chairperson Larry Vasko — who, the board members joked, usually opposes tax increases — encouraged the board to consider the slight tax increase.
“It's not a tax increase (I object to), it's tax waste,” Vasko said. “I don't mind investing in education. I don't like to waste anything.”
The results of the final budgetary vote were not available when this newspaper went to press.
School districts across the county are required to “reset” their tax rate to a revenue neutral millage to avoid a windfall of revenue from the county-wide reassessment, which for Hampton Township means a decrease from 21.35 mills to 17.39 mills. The adjusted tax rate is slightly higher than previous estimates in part because the county added second chance appeals, or 221 appeals, in Hampton.
The school district's $43.8 million budget currently includes a $608,764 deficit, which school board members opted to close by using $418,000 of the Public School Employees' Retirement System stabilization fund and a 0.13 mill increase over the adjusted millage.
The board then recommended increasing the millage to 17.59, to generate an additional $100,000 for the district's technology needs. The 17.59 mills would equal a tax bill of $1,759 for a resident with a home assessed at $100,000, and $3,518 for a resident with a home assessed at $200,000
Bethany Hofstetter is a staff writer for Trib Total Media. She can be reached at 724-772-6364 or email@example.com.