Slight Tax Hike Under Phoenixville School Budget

The Phoenixville Area School Board has approved advertising a final budget for the 2014-15 school year. 

The board voted, 6-2, at its May 22 meeting to approve an $82,080,834 final budget, The Reporter reported. 

The budget would mean a shortfall of about $500,000, which would lead to a 0.87 percent tax increase, The Reporter said. Though an increase, that's the lowest in recent years, the district said.

For a median-value home in the district, one of $133,540, that would mean a tax increase of $33.39 for next year, The Reporter said.

A preliminary budget approved in February would have meant an average tax increase of $148.22.

See the full Reporter story here.

Editor's note: An earlier version of this story misstated the percent tax increase.