The Central Bucks School Board has indicated a tax hike is on the horizon to meet the district’s contracts with teachers and other staff and plan for its full-day kindergarten and grade realignment initiatives.
Just how much the increase will cost taxpayers is unclear.
Under Act 1, the state’s property tax relief law passed in 2006, school districts are restricted from tax increases exceeding 5.3%. If it wants a bigger hike, it needs get voters’ support via a referendum.
Should officials approve a tax hike at the maximum rate, a property assessed at the average would generate an additional $278 in taxes during the 2024-2025 school year.
Central Bucks’ proposed $420 million budget will need some $10 million in cuts to forgo a significant tax hike, administrators said.
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