2019-2020 General Fund Budget
June 2019 Update - Board Approves 2019-2020 General Fund Budget
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.
View the full 2019-2020 Approved Budget Here.
May 2019 Proposed Budget Update
On May 13, 2019, Central York School District Board and Administration held a public Budget Workshop.
A copy of the 2019-2020 Proposed General Fund Budget can be viewed by clicking here.
April 2019 Proposed Budget Update
On April 3, 2019, Central York School District Board and Administration held a public Budget Workshop.
A copy of the 2019-2020 Proposed General Fund Budget can be viewed here.
A copy of the Budget Presentation can be viewed here.
On April 8, 2019, Central York School District Board and Administration provided an additional update and follow-up information during its public Board Planning Meeting.
The documents shared during that meeting can be viewed here.
The most recent Budget Forecasting Tool is attached, below, and can be viewed and/or downloaded from that location.
December 2018 Preliminary Budget Update
During the December 3, 2018 Planning Meeting, the Central York School District Administration presented the Preliminary 2019-2020 General Fund Budget as required by the state. The School Board will vote on the Preliminary General Fund Budget December 10, 2018.
A copy of the December 3 Presentation is included below, along with a copy of the Preliminary 2019-2020 General Fund Budget.
The maximum tax increase could be 2.9% as allowed by the Act 1 Index for 2019-2020. The Administration has proposed that the Board adopt the Act 1 Index Resolution stating the District will not raise taxes above the allowed Act 1 Index. The resolution also states that the District will not seek any Exceptions or Referendums.
The School Board and Administration will hold public Budget Workshops in April 2019, and present a proposed 2019-2020 General Fund Budget in May 2019, with the intent to adopt a final budget in June 2019, as required by state law.
Throughout the coming months, the School Board and Administration will continue to review the Preliminary 2019-2020 General Fund Budget, and will work with stakeholders including residents, parents/guardians, faculty and staff to prepare for a final budget in the Spring of 2019.
The documents below include: the adopted 2019-2020 General Fund Budget and a public Budget Presentation shared with the School Board on December 3, 2018. In addition, the Budget Forecasting Tool used by Central York School District has been included for your use and reference. The Budget Forecasting Tool is a resource that can be used to create projected future budget scenarios based on a number of possible variables. Central York School District uses this tool to create possible budget projections based on changes to tax rates, PSERS funding and other items that may impact school district budgets. Please note that this tool is not based on known figures for the future, as many of these items could change due to a wide range of circumstances.