Agenda Item
Meeting Date: 6/16/2020 - 6:30 PM
Category: Action/Discussion
Type: Action
Subject: 8.3 Approve 2020-21 Final Budget
:
Policy:
Enclosure:
File Attachment:
Final Budget Board Resolution.pdf
PDE 2028 General Fund Final Budget 2020-21.PDF
Final Budget Presentation.pdf
Summary: The Superintendent recommends and I so move to adopt and approve the general fund budget of the Chartiers Valley School District in the amount of $68,063,541 for the fiscal year beginning the first day of July, 2020 with the necessary revenue for the same period of the fiscal year beginning July 1, 2020 provided by an earned income tax resolution, a deed transfer tax resolution, a realty transfer tax resolution and an occupation privilege tax resolution adopted May 25, 2004, and a realty transfer tax resolution dated January 9, 2007; and by a school tax on real estate which is hereby levied and assessed at a rate of 18.2118 mills or at a rate of $1.82 on each $100 of assessed valuation of taxable property, and to adopt and approve the Chartiers Valley School District Budget Resolution dated June 16, 2020. All taxpayers required to pay tax on real estate imposed by the School District shall be entitled to a 2% discount within two months after the date of tax notice, shall be charged penalty of 10% if paid more than four months from the date of notice and all delinquent real estate taxes shall be charged 10% interest unless taxpayers elect to pay such taxes in installments. The Board Secretary is hereby directed to append a copy of the budget to the minutes and to give notice to the Department of Community and Economic Development of the Act 511 taxes as required by law. (Budget attached, Resolution attached)
Funding:
Recommendation for the Board Action: For Board Approval.
Approvals:
Recommended By:
Signed By:
Emily Eckman - Director of Finance & Operations
Signed By:
Johannah Vanatta - Superintendent