Board approves tentative 2017-18 budget
Please click here for information of the 2017-18 tentative budget.
On April 17 2017, the Board of School Directors of Cumberland Valley School District approved the proposed general fund budget for the 2017-18 school year. The proposed general fund budget includes total revenues of $129,260,710 and total expenditures of $129,260,710 with real estate tax mills to be set at 9.516 mills (being $9.516 per thousand dollars of assessed valuation).
The real estate tax millage is a 2.5% increase, or $23.30, on a property with an assessed value of $100,000. The annual real estate tax increase on the average residential property valued at $241,000 will be $55.91.
The Board of School Directors will consider approval of the final budget on May 22, 2017, at the 7 p.m. Board Meeting.