Fox Chapel Area residents will likely see tax bump
Property owners in the Fox Chapel Area School District will pay slightly higher property taxes in the 2018-19 school year if the board approves its $103 million budget in June.
The proposal calls for a tax rate increase of 0.23 mills, or 1.2 percent, to 19.5 mills. It is expected to generate an extra $808,000 to help district operations, said Bonnie Berzonski, district coordinator of communications.
The owner of a home assessed at $200,000 would pay $3,915, up from $3,885 this year, a difference of $30.
The board last week approved its proposed budget and plans to discuss the final budget during its meetings at 7 p.m. June 4 at O'Hara Elementary and 7 p.m. June 11 at the high school.
Residents can attend both meetings to discuss the plan prior to the board's final vote June 11.
• A $1.9 million increase in expenses.
• A 1.9 percent increase in premiums for medical insurance but no rate increases for dental or vision.
• A $15 million contribution to the Public School Employees' Retirement System (PSERS).
• New computer equipment purchases of $654,351 to keep the district on pace to replace aging laptops for staff and students in all buildings.
• Costs of about $655,000 for technology, security cameras and playground equipment for the new Kerr Elementary School.
Berzonski said salary line items are expected to decrease 1.3 percent from last year's final budget because of the early retirement incentive that was offered to the Fox Chapel Educators Association.
There are 10 teachers confirmed to retire on July 1; three will be replaced.
One new elementary position is budgeted because of expected higher enrollment at Hartwood Elementary, Berzonski said.
In total, there are 54 teachers who accepted the early retirement incentive and will leave over the next two years, Berzonski said.
They will not all be replaced.