Board Approves Budget

Balanced at $342,248,613 with no increase to the real estate tax millage rate, the board approved the 2019-2020 general fund budget on June 11. The budget supports the district's goals and objectives relative to technology, capital planning, staff development, and most importantly, a continued commitment to educational excellence - meeting every Central Bucks student's educational, social, and emotional needs.

The board approved three resolutions, including adoption of the final general fund budget, approval of a homestead/farmstead property tax relief resolution, and adoption of the tax levy resolution.

Contractual salary increases, benefits, and an investment in the new elementary math resource, Math in Focus, are significant contributing factors in the 1.7% increase in expenditures over 2018-2019 projections. These expenses have been partially offset by declining principal and interest payments on the district's debt as a result of the $30 million debt defeasance approved by the board.

This represents the fifth straight year (and the sixth out of the last seven) that the board approved a balanced budget with no property tax increase. 

Review documentation and budget presentations on the district's website here.