NASD's Proposed 2013-14 Budget Includes 1.9% Tax Hike
Nazareth Area School District's proposed 2013-2014 budget calls for a 3.8 percent increase in spending, caused largely by higher salary and benefit costs.
The Nazareth Area School District is looking at a proposed 1.9 percent increase in property taxes to help fund a 2013-2014 budget that calls for a 3.8 percent increase in spending. The spending increase is caused largely by higher salary and benefit costs, especially higher pension contributions. In fact, pension contributions are forecast to rise significantly in upcoming years. This year’s contribution rate to the Public School Employees’ Retirement System is 12.36 percent. That amount would rise to 16.75 percent in the upcoming school year. The proposed $70.84 million budget calls for spending at each of the district’s six schools to be cut by 5 percent and for spending in various departments to stay the same as this year’s levels. The …
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Elyssia Mathias
2:42 pm on Saturday, December 29, 2012
While I think it would be nice for the teachers to have a raise and more contributions to their benefits and pensions, not only am I not getting a raise working here in the private sector, my paycheck will be significantly reduced by tax and social security increases. So... I'm going to have to vote no on the tax increase. I cannot embrace working my posterior off, making less money, so someone … more ›