Wednesday, November 14, 2012
Officials do not anticipate increasing the millage rate for 2013.
Before Oakmont Council approved a preliminary 2013 budget on Monday, its members had to close $58,000 deficit. Officials succeeded, passing a $3.35 million preliminary budget that holds the line on taxes and includes a $8,270 surplus. The current millage rate in Oakmont is 4.5 mills—a resident pays $450 in real estate taxes for every $100,000 of assessed property value. It's been about four years since the millage rate increased. However, due to the county reassessments, borough officials are anticipating more tax revenue in 2013. The $1.55 million of anticipated real estate tax revenue in the preliminary budget reflects a 2.5 increase from 2012, which officials are saying is a "reasonable and fairly conservative" number. Administrators …
Wednesday, June 27, 2012
The board approved the 2012-13 budget with a 5-3 vote.
Real estate taxes for Plum School District residents will remain steady for the 2012-13 school year, but two electives have been cut. On Tuesday, the Plum School Board voted 5-3 to approve a $56.7 million budget, which included taking $1.6 million from the close to $6 million fund balance to cover a deficit. Board members Tom McGough, Joe Tommarello and Loretta White dissented. John St. Leger was absent. The current millage is 22.2 mills, and it has not increased since 2005. Last week, expenses in the preliminary budget increased by an additional $232,367, which included the purchase of new laptops, and money to go toward the resurfacing of the high school track and additional parking at the high school. Officials agreed to take the amount…
Monday, June 11, 2012
The millage rate increase proposed for the Riverview School District budget has reduced along with the hours of some high school teachers.
The addition of an elementary teacher at Tenth Street and the reduction of hours for some high school teachers has made an impact on the proposed Riverview School District 2012-13 budget. On Monday, the school board continued its budget discussion, and business manager Frank Thompson announced that the proposed millage rate increase on real estate taxes decreased from last week—from 0.6336 mills to 0.5686 mills (about $56 for someone owning a $100,000 home). That decrease stemmed from the proposal of a reduction of hours for four Riverview High School employees in the foreign language, physical education and instructional support departments. Two teachers' hours were reduced to 75 percent and two were reduced to 50 percent. All positions …
Tuesday, June 5, 2012
A proposed budget includes a tax increase and an additional teaching position.
After a quiet public hearing Monday evening, little has changed in the Riverview School Board’s preliminary budget, which includes a tax increase on par with what home owners have seen in the past few years. The tax increase stood at 0.6336 mills Monday (about $63 for someone owning a $100,000 home), slightly below the 0.6386 figure in the preliminary budget passed on May 21. Since then, the board has also added a kindergarten teacher position and funding for a special education student. Those additions total between $80,000 and $90,000, according to Business Manager Frank Thompson. But further trimming—in areas such as sewage, natural gas and auditorium spending—got rid of $106,000 in expenditures. “These aren’t foolish line-item …
Tuesday, May 22, 2012
The Riverview School Board approved an $18.03 million preliminary budget Monday.
Residents of Oakmont and Verona might be paying more in school taxes next year. The Riverview School Board approved an $18.03 million preliminary budget on Monday. It includes a 0.6386-mill increase, upping the millage to 25.425 mills. With the proposed tax increase, the owner of a $100,000 home would pay about $63 more next school year. Though a preliminary budget has been approved, board members and administrators say they still have a lot of work to do. "We still have a lot of areas to discuss," said board member John Hackworth. "The budget is certainly preliminary." Officials have been tossing around several personnel changes and increases to the technology budget. For more information about those items, read this Plum-Oakmont Patch …
Wednesday, May 16, 2012
As officials look for ways to offset planned expenses for the 2012-13 school year, they are also hopeful that the state budget, when finalized, will be more favorable to education than currently expected.
The Riverview School Board continued to hash out ways to balance next school year's $17.9 million budget on Monday as the vote on a preliminary budget quickly approaches. "Not a whole lot has changed [since the last meeting]," said district business manager Frank Thompson. "We are still looking at a 0.6386-mill real estate tax increase." The current millage rate is 24.7864 mills. With the proposed tax increase, the owner of a $100,000 home would pay about $63 more next school year. Over the past five years, explained Thompson, real estate tax increases have been at 0.5 to 0.6 mills. Some years it went down, although such drops were primarily due to a large number of teacher retirements in the same year. Currently, the board is hopeful that…
Wednesday, May 2, 2012
Officials are going to review the nurse, paraprofessional and guidance counselor positions, as well as low enrollment in classes in an attempt to balance the 2012-13 school year budget.
The Riverview School Board and district administration continued to crunch numbers and discuss cost-saving measures in an attempt to balance next school year's budget. With the current expenditures in the $17.9 million budget, district business manager Frank Thompson said officials are looking at a 0.6386-mill real estate tax increase. The state index limits the district to a 0.5205-mill increase. However, the district received approval from the state for two exceptions to the Act 1 index. The state allows for districts to apply for tax exceptions to help alleviate costs outside of the districts' control, for example rising pension or special education costs—Riverview now can raise taxes to receive an extra $148,000 for pension costs and …
Wednesday, December 28, 2011
Verona Council approved a budget with no tax increase.
Verona residents won't have to pay more in real estate taxes in 2012. On Tuesday, officials approved a $1.1 million budget that doesn't raise the real estate tax millage rate. Councilman Stan Adamski was absent. The current millage rate is 8.0 mills, meaning a resident pays $800 for every $100,000 of assesed property value. The preliminary budget included a $70,000 deficit. The council finance committee met on Dec. 21 to work out the kinks and balance the budget. Currently, revenues are $1.1 million and expenditures are $1.08 million, leaving the borough with a net income of $41,467 at the end of 2012. Borough solicitor Craig Alexander said because this year was an election year, officials have until mid-to-late January to open the budget …
Wednesday, December 14, 2011
Verona Council has approved a very rough draft of the preliminary budget, but officials say they are going to work hard to get rid of a $70,000 deficit.
Despite a large deficit in Verona Borough's preliminary budget, officials aren't anticipating a real estate tax increase. At Tuesday's borough council meeting, officials voted 5-1 to pass a preliminary $1.1 million 2012 budget that includes a deficit of about $70,000. Councilwoman Peggy Suchevich dissented, saying she wouldn't pass a budget showing the borough in the hole. Councilman Stan Adamski was absent. Officials now have to work out the kinks in the budget before approving a final version at the Dec. 27 council meeting. The current version will be advertised and displayed at the borough building for 10 days beginning on Friday. Despite the large deficit, Councilwoman Sandra Drabicki-Bell said officials would not raise real estate …
Residents won't see a jump in their tax bill, but they'll see a rise in what they pay for some services.
Oakmont residents probably won't see a real estate tax hike in 2012, but their sewer and garbage bills will likely go up. The borough’s 2012 preliminary budget anticipates approximately $3.7 million in expenses. Revenues, including an $81,000 surplus from the previous year, also are anticipated to be about $3.7 million. The borough's property tax rate would remain 4.5 mills, meaning a resident would pay $450 for every $100,000 of assesed property value. Officials had trimmed about $10,000 from the police department’s previous allotment in an earlier version of the proposed budget. Councilman Timothy Milberger noted that the ongoing Allegheny County property value reassessments could impact the budget. Council President Timothy Favo agreed…
MD
8:12 am on Tuesday, May 22, 2012
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