Schools
Tax Hike Grows Nearer As RTSD Approves Proposed Budget: Report
Residents could see a 3.43 percent tax increase should the board formally adopt the budget.
RADNOR,PA – The Radnor Township School District reportedly approved the proposed final budget for the 2017-2018 school year at its meeting Tuesday, meaning township residents are more likely to see a tax increase.
The proposed $96.6 million budget contains a tax hike of 3.43 percent, which is more than the Act 1 index allows. However, the district applied for Act 1 exceptions from the state which were approved.
The increase translates to a .7868 millage rate increase. This means someone with a home valued at $400,000 will have a $314.72 tax bill.
Find out what's happening in Radnorfor free with the latest updates from Patch.
Main Line Media news reports the largest expenditure for the 2017-2018 year is personnel costs, but class sized and staffing issues were a main topic at the recent board meeting.
The district will meet Tuesday, May 23 when it will vote on adopting the budget.
Find out what's happening in Radnorfor free with the latest updates from Patch.
Image via Radnor Township School District
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