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No tax increase included in Seneca Valley budget

JACKSON TWP -- Although Seneca Valley will fill more than 43 positions in the next school year, the 2022-23 budget approved by the school board Monday night does not include a tax increase.

Next year’s $161.6 million final budget represents a 6% increase over the current budget, which included a 2% tax increase when approved last year.

The nearly $4.1 million budget deficit will be covered by the existing fund balance.

Included in next year’s budget expenditures is a transfer of $7 million to the district’s capital reserve fund, which superintendent Tracy Vitale reminded board members must be used on capital improvement projects.

Seneca Valley continues to spend the most on instruction, which accounts for almost $100 million in expenses, or roughly 64.5% of the budget.

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