Budget 2007-08

Budget 2008-09

District Goals

School Board

For individuals completing their PA State Income Tax, Radnor Township School District's number is 23760.

ACT 1 - Pa. Taxpayers' Relief Act

• Gaming monies from 14 casinos in the commonwealth will help support property tax relief. It is estimated that distributions will begin in 2008.

• Act 1 limits school property tax increases to a certain inflationary index each year derived from the statewide average weekly wage and education index. In 2008-09, the base index is 4.4%.

• School districts that want to raise taxes higher than the index must seek approval from taxpayers through a back-end referendum.

• To date, only three school districts have sought back-end referendum approval, and none have passed.

• Act 1 provides school districts with 10 possible exceptions to back-end referendum for costs not

• In the 2006-07 fiscal year, 285 Pa. districts limited tax increases at or below the index.

• While Act 1 will serve to reduce school property taxes, the law does not help school districts reduce the cost of education in any way. Under the current public education-funding scheme, school districts are forced to undertake an ever-increasing share of the cost of educating children, as state funds only support an average of 35 percent of public school costs.