Budget

Dashboard
MTLSDHome
Email Access
PowerTeacher
Public Folders
Site Administration
AESOP
MyPDC
School Messenger

Budget Home
Budget Documents
Budget Timeline
Video Archives
Capital Projects List
Budgets and CAFR
District Home

Login

Stay Tuned!
School Board budget discussions will be posted on this website.




March 10, 2014 Budget Presentation
Click here for video clips of budget discussions.


Contact the School Board

The Mt. Lebanon School Board is interested in your feedback. Residents are encouraged to email the Board with questions or comments at schoolboard@mtlsd.net.

Budget News

Budget Discussion
April 7, 2014
The School Board gave direction to Dr. Steinhauer to prepare a proposed final budget with a .55 millage increase or lower, if possible, and the use of approximately $750,000 of fund balance. The Board discussed adding $160,000 in additional revenue from accepting foreign exchange tuition students and reducing about $240,000 in staff accounts for possible additional retirements and potential leaves of absences.  In the proposed final budget there will be minor reductions in operating costs, no program cuts or staff reductions.
 
The Board will act on the final proposed budget on Tuesday, April 15 at 7:30 p.m. The Regular Board meeting was moved to allow thirty days for public review of the budget and moved from Monday to Tuesday due to  Passover.  

Click here to watch the Budget Discussion for April 7, 2014


March 17, 2014 School Board  Budget Discussion
The School Board discussed the 2014-15 Budget at the March 17 Regular Board meeting.  The discussion focused on how to resolve the $2.6 million deficit in next yearís budget due in large part to the 21.40% increase in the PSERS rate--a 26% increase from last year.

The Board discussed using a combination of cost reductions, increased revenues and use of fund balance to balance the budget.  After much discussion, the consensus of the Board was to look at the use of $500,000-$1 million in fund balance and a millage increase of approximately half a mill.

The superintendent will prepare a preliminary budget based on these parameters, and will look at cost reductions between $300,000- $800,000. The preliminary budget will be discussed at the April 7 Board meeting.

March 17, 2014 Budget Discussion

2014-15 Budget Presentation

Business Director Janice Klein presented an overview of the 2014-15 Budget  to the School Board at the March 10 Discussion meeting.  Even though it is still early in the budget development process, Ms. Klein outlined the major issues facing the District in the coming year. As is the case with most school districts in the state, the rising cost of PSERS (Pennsylvania School Employees' Retirement System) and the lack of an increase in the basic education funding in Governor Corbett's proposed budget, play a significant role in budget planning.

Click here for the Budget PowerPoint Presentation


2014-15 Preliminary Budget

In January, the School Board voted to approve the 2014-15 Preliminary Budget as required by state law.

2014-15 Preliminary Budget



 



.  






 



 




 

Budget Issues for
2014-15

-Limitation on millage rate due to Act 1 of 2006 Index = 2.1% increase plus allowable exceptions

-PSERS Rate increase from 16.93% to 21.4% (percentage of salary)

-Governorís Proposed Budget gives small increases for current programming. No increase in Basic Ed funding

-Assessment appeals outstanding in Allegheny County

-MLEA Grievance clarification still pending

Upcoming Meetings
April 7, 2014
April 15, 2014
May 12, 2014
May 19, 2014

 




 

 

Print Page © 2014 Mt. Lebanon School District Terms of Use