TESD Board To Vote On Budget With Tax Hike Monday

TREDYFFRIN-EASTTOWN, PA — Property owners in Tredyffrin and Easttown townships could have higher real estate tax bills next year if the Tredyffrin/Easttown School Board approves the 2024-25 budget Monday.

The board will meet at 7:30 p.m. Monday at Conestoga High School to adopt the budget.

On April 29, the board adopted the 2024-25 proposed final budget of $185.7 million. This proposed final budget has projected revenues of $181.7 million and a $4 million commitment of reserves.

The district filed for, and was approved for, a property tax rate increase for special education expenditures incurred that have exceeded the inflationary Act 1 index of 3.5 percent.

The board and administration are working to close the $9.6 million budgeted operational deficit through a combination of a property tax rate increase, expenditure reductions and the use of existing reserves.

Public participation is highly encouraged during the budget development process.

All School Board committee meetings are open to the public and have public comment periods.

Meeting dates and agendas are available on the district website.

Additionally, public comments can be submitted to Arthur J. McDonnell, Business Manager, at [email protected], or to the T/E School Board at [email protected].