DANVILLE — Danville Area School District officials say a tax increase may be needed to balance next year’s budget. The Press Enterprise reports, the proposal calls for a 3.5 percent hike, the maximum allowed by the state.
Business Manager Lance Mabus told the board the nearly $51 million budget includes a nearly $600,000 shortfall. He says the increase could generate about $599,079 in additional revenue.
Officials say a $150,000 home could increase from about $63. The board plans a preliminary vote , with final approval scheduled for . The proposal follows months of budget meetings and includes debt service, capital reserve funding, and budgetary reserves.
The post Danville School Board Considers Property Tax Increase first appeared on Newsradio 1070 WKOK.
