JOHNSONBURG – Residents of the Johnsonburg Area School District will not see an increase in taxes after the Board of Directors approved a general fund budget for the 2012-2013 fiscal year in the amount of $10.6 million with a $91,778 increase in expenditures from the 2011-2012 year.
Board Treasurer Patricia Calkins said the district has not raised taxes in about 10 years.
The tax levies approved during Thursday night's regular meeting are the same as last year and are as follows:
Real estate at .308; per capita section 679, $5; per capita, Act 511, $5; real estate transfer tax at .5 percent; occupation privilege, $10; occupation assessment, 850 mills; earned income at .5 of one percent; and mineral, 80 mills.
With a total revenue of $9,844.357 the District saw an increase of $558,200.
The board also approved a resolution to designate $500,000 for the purpose of financially planning for imminent increases in the Pennsylvania School Employees Retirement System.
According to the resolution, employer rates have risen from 4.78 percent of payroll in 2009-2010 to 12.36 percent and are expected to increase by 2015.
Pick up a copy of the Friday, June 15, 2012 edition of The Ridgway Record for more.
Johnsonburg Area School District
Board of Directors
Thursday, July 12
High School library