The Burrell School Board on Tuesday unanimously approved its final budget of $ 32.7 million for 2021-2022, which includes a 3.5% tax increase.
For a home valued at $ 22,900, the district’s average tax assessment, the homeowner would pay an additional $ 80 in property tax for the next school year, according to business manager Jennifer Callahan.
The budget was affected by a potential substantial loss of over $ 412,000 in property tax revenue, she said.
The owners of the district’s largest commercial properties have appealed their real estate appraisals.
The district and Upper Burrell are fighting a property tax appeal from the Arconic Research Center. In Lower Burrell, Hillcrest Mall is appealing its property assessment.
In the final budget, spending is set at $ 32.7 million with revenues of just under $ 32.5 million, leaving a deficit of $ 213,700, Callahan said.
The deficit was covered by other district funds.
On the bright side, the district has reduced its deficit by $ 181,000 since the board approved the preliminary budget in May, she said.
Callahan attributed the reduction in the deficit to a decrease in health insurance costs due to coverage choices and increased employee contributions, to a decrease in estimated transportation costs due to a new contract with the school bus company WL Roenigk Inc. and lower property and worker insurance costs. compensation.
In addition, revenue has been added to the federal Emergency Connectivity Fund program budget to pay for laptops and tablets, Wi-Fi hotspots and other equipment and services, she said. declared.
Other sources of additional income include collecting additional taxes on earned income.