2019-2020 Budget

Board Approves 2019-2020 Budget
Posted on 12/04/2018
Budget IconJune 2019-2020 Budget Update - Board Approves General Fund Budget for Central York School District

The Central York School District Board of School Directors on Monday, June 17, 2019, approved the 2019-2020 Central York School District General Fund Budget.

The 2019-2020 General Fund Budget includes a tax increase of 2.00% in local real estate taxes. There is an increase projected for State Basic Education Funding and Special Education Funding based on the current Governor’s proposal. 

The total proposed budgeted revenue of $92,761,137 is an increase of $3,598,081 or 4.04% over the 2018-2019 budget. The total proposed expenditures for the 2019-2020 fiscal year are $92,954,959. This is an increase of $3,796,431 or 4.26% over 2018-2019. 

The proposed budget Does include a transfer to the Capital Reserve Account of $300,000.

Expenses exceed revenue. This would provide a deficit budget of -$193,822 in the attached budget proposal and would use District’s PSERS reserved fund balance.

This would result in a total projected available fund balance of $6,101,119 at the end of 2019-20.