Budget Information

At the January 15, 2018 School Board meeting, the Board approved posting for community review a Preliminary Budget of $99,348,859 requiring a millage rate of 24.66 mills. The Board further authorized the administration to apply for exceptions to the Act 1 of 2006 Index as allowable under the law

2018- 2019 Preliminary Budget

17-18 Budget

General Budget Issues for 2017-2018

  • Limitation on millage rate due to Act 1 of 2006
    • Index= 2.5% increase plus allowable exceptions
  • PSERS Rate increase from 30.03% to 32.57%
    • (an 8.5% increase) – a .28 mill increase
  • State Budget for 2017-2018 still uncertain
    • Preliminary governor’s budget shows a net $155,440
  • Clerical/Aides Union labor negotiation in process
  • Budget Presentation March 13, 2017

April 18, 2017
  • Investment Earnings from higher interest rates ($90,000)
  • Re-bid Transportation Contract ($75,000)
  • Refinance of HS Bonds
  • Out of Balance – 0
  • Approval of Bond Refinancing
  • Approve Preliminary Budget for 2017-2018
  • Post for public viewing for at least 20 days before approval of final budget (+ 10 days for document preparation)
  • Board Action on Final Budget: May 22, 2017

April 18 Budget Presentation


April 3, 2017

  • With continued refinement of expenditures and revenues, the estimate out of balance is now $666,395 (.25 mills)

March 20, 2017

  • With bond refinance of $400,000 + personnel and other reductions of $329,000, current budget estimate out of balance is $710,414 (.27 mills)

March 13, 2017

  • Initial Estimate out of balance $1.4M (.54 mills)




Mt. Lebanon School District

7 Horsman Drive

Pittsburgh PA 15228

Fax: 412-344-2047

412-344-2000

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