$96 million Pine-Richland budget holds line on taxes; no pro

$96 million Pine-Richland budget holds line on taxes; no program, staff cuts


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The Pine-Richland School Board is considering a budget for the 2021-22 school year that keeps property taxes at their current rate without the need to trim programs or staff.
The board is expected to vote on the final budget at its June 7 meeting.
The nearly $96 million spending plan anticipates revenues of a little more than $94.7 million.
About $1.25 million left over from this year’s budget will be earmarked next year to cover the cost of capital improvements.
Of the $94.7 million in revenue the district expects to receive next year, 65% will be generated by property taxes, with the remainder funded by wage and other local levies as well as state subsidies to cover certain operating expenses, special programs and other costs.

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