The Ridley School Board gave final approval at its June meeting to the 2016-2017 budget, showing expenditures of $101,330,189 that will require a 0.650 mill tax increase for a total millage rate of 39.90 mills. The increase means that a property in the school district assessed at the average of $100,000 will pay $64 more in school taxes in the upcoming school year.
While the final budget represents a reduction of $412,000 from the proposed budget presented in April, expenditures in the upcoming fiscal year are $3,174,934 higher than the 2015-2016 budget.
Superintendent of Schools Lee Ann Wentzel said 75 percent of the increase needed for the upcoming school year is due to the increasing employer share of pension costs. The superintendent also noted that expenditures for special education continue to increase by 6.63 percent without corresponding funding from federal resources.
“We continue to aggressively apply for alternative funding streams through grant opportunities,” Wentzel said. “We are pleased to report that our efforts are having positive results. We are hopeful that additional awards will match or exceed the 2015-2016 school year.”
In another matter, the school board approved a new three-year contract for Charles Maiers, an assistant to the superintendent, at a salary of $173,995. The contract runs from July 1 through June 30, 2019.
The school board also approved a new contract for district business manager Cynthia Chertkas