SVSD Raising Taxes?

Well, it's appears that it's an option on the table.  According to the article, a house assessed at $100,000 would see an increase in school taxes of $81.

According to the article, "Fellin and district business manager David Bonenberger said the main drivers creating the shortfall are a 16 percent to 21 percent rise in retirement funding, about 16 percent more in cyber and charter school funding, a more than 16 percent hike in workmen's compensation claims and a weak rise in assessed real estate values."

Read more: http://www.mcall.com/news/local/mc-saucon-valley-schools-0114-20140114,0,3247981.story#ixzz2qVU8R1MC 
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LSNative January 15, 2014 at 04:58 PM
Sitting on several million dollars, yet they are considering raising taxes? Rein in the spending. Highest taxes in the County and they want to raise them further?
Bert Macklin January 15, 2014 at 07:35 PM
It looks like more of a certainty than an option on the table. I'd like to see the dollars rather than percent increases. A 16-21% annual increase in retirement funding is pretty significant. The district needs to stop the bleeding.


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