Budget

May 23, 2022 Budget Update: At the May 22, 2022 meeting, the School Board approved the final budget for the 2022-2023 fiscal year in the amount of $108,703,941 setting the millage rate at 26.39, a .80 increase, utilizing $850,000 of the Fund Balance revenues.  With this budget approval, there were no changes made to the academic programs, fine arts or athletics. 

2022-2023 Final Budget

May 9, 2022 Budget Update: Business Director Rob Geletko presented the final budget update to the School Board at the May 9 School Board meeting. The Proposed Final Budget for the 2022-2023 school year is $108,703,941 and includes a .80 mill increase and use of $850,000 from the Fund Balance.  This increase translates into a $20 a month tax increase on a home assessed at $300,000. 
Watch the video posted above of the presentation.  
 
The key points about this budget include the following:
  • .80 millage increase 
  • $850,000 use of Fund Balance
  • Maintains 6% Fund Balance per policy 
  • Maintains current programming and staffing levels 
  • Maintains focus on student learning and experiences: student-centered budgeting
  • Aligns to Strategic Plan Goals
  • Continues financial recovery from the impact of the pandemic

April 19, 2022 Budget Update: The School Board voted to approve the 2022-2023 Proposed Final Budget at the April 19 School Board meeting.  The Proposed Final Budget for the 2022-2023 school year is $108,475,177 and includes a .80 mill increase and use of $750,000 from the Fund Balance. The millage rate is 26.39 mills. This increase translates into a $20 a month tax increase on a home assessed at $300,000. The Board will vote on the Final 2022-2023 Budget at the May 23, 2022 School Board meeting.

April 11, 2022 Budget Update: Business Director Robert Geletko presented the Draft Proposed Final Budget at the April 11, 2022 School Board meeting.  The proposed 202-2022 Budget is $108,191,805 and includes a .80 mill increase and use of $750,000 from the Fund Balance. The millage increase translates into a $20 a month tax increase on a home assessed at $300,000. 

The budget process will continue as we look for further refinements. The Board will vote on the Final 2021-2022 Budget at the May 23, 2022 School Board meeting.


 

March 21, 2022 Budget Update: At the March 21, 2022 School Board meeting, Rob Geletko gave a presentation that highlighted the challenges of this year's budgeting process.  Watch the presentation above and use the PDF of the presentation as reference below.
 

 

March 16, 2022 Budget Forum Presentation: On March 16, 2022, Business Director Rob Geletko presented an in-depth look at the nuances of the 2022-2023 budget to better help our community understand the District's budget process and projections. The presentation also discusses how the pandemic has  significantly affected the budget. A video is available above to watch and a PDF of the presentation is available below.

Mt. Lebanon SD 2022-2023 Budget Forum Presentation PDF


 

March 14, 2022 Budget Update: At the March 14, 2022 School Board Discussion meeting, Business Director Robert Geletko gave an overview of the base budget projections for 2022-2023 Budget. Watch the video clip above.  

Base Budget Presentation March 14, 2022 PDF


 

January 10, 2022 Update: At the January 10, 2022 School Board Discussion meeting, Business Director Rob Geletko discussed the Accelerated Budget Opt-Out resolution that the District will not seek referendum exceptions beyond the Act 1 Index, which the Board will vote on at the January 24, School Board meeting.  Additionally, Mr. Geletoko presented the Annual Comprehensive Financial Report (ACFR) for the year ending June 30, 2021, which can be viewed below.

January 10, 2022 Accelerated Budget Opt-Out Presentation PDF

January 10, 2022 Annual Comprehensive Financial Report (ACFR) Presentation PDF


 

Financial Statement Audit, 2020-2021

November 2021 Audit Report Presentation - Business Director Rob Geletko presents the results of the 2020-2021 Audit Report. 

Budget Information

Budget 2021-2022 Timeline
  • March 14, 2022 - Board Discussion and Review Budget
  • March 16, 2022 - Budget Forum 7:00 pm
  • March 21, 2022 - Continued Board Discussion and Review
  • April 11, 2022 - Continued Board Discussion and Review
  • April 19, 2022 - Adoption of Proposed Final Budget
  • May 23, 2022 - Adoption of Final Budget

ESSER Information

Budget 101