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Saturday, August 6, 2016

NWLehigh taxpayers income down again

AUGUST 3 NWLEHIGH SCHOOL BOARD WORKSHOP

DISTRICTS TAXPAYERS INCOME DOWN FOR 2 CONSECUTIVE YEARS.




Berkheimer & Associates reported on the 2015-2016 Earned Income tax receipts for the last fiscal year. Total receipts were $2,464,174, this is down $3,521.00 from last year and down $32,435.00 from 2 years ago. This is the truest gauge as to the financial ability of the districts taxpayers to absorb more taxes. While taxes have not been raised in the district for 5 years. The current spending plans of the new school district board will need to be paid for from somewhere. The combined incomes of the districts taxpayers is now down $3,243,500 in the last 2 years. This of course does not take into account the increase in health care costs. Local taxpayers disposable income is under assault on many fronts. The school board needs to take this into consideration when planning  new spending projects.

In other news it was discussed that the renewal of the Charter for Circle of Seasons Charter School is assured, but it may not be finalized as they are just beginning the negotiations for the new Charter. They expect this to be finalized by the September board meeting.

It was reported that so far 38 taxpayers have filed for a School tax rebate. There are over 370 eligible taxpayers in the district. They have till Dec. 31, 2016 to file for the rebate.

The monthly board meeting will be August 17 at 7 pm. It is open to the public. All residents are encouraged to attend.

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