Upper St. Clair School Board approved the district’s 2021-22 final budget, totaling $91.88 million, prior to the June 30 adoption deadline.
The board also approved a 2.9% real estate tax increase, or 0.78 mills, setting the new rate at 27.6772 mills.
As a result, the owner of a $230,800 home, the average assessed value in Upper St. Clair, will pay an additional $180.02 this year.
“The approved balanced budget is highly considerate of short- and long-term financial health as well as maintaining excellence in education,” Scott Burchill, district director of finance, said.
“In addition to preserving all programs and activities, the district’s fund balance is not being used for recurring costs in the 2020-21 or the ‘21-22 budget.”
The district has a total fund balance of $9.4 million, according to the budget summary provided to the Pennsylvania Department of Education. Of that surplus amount, $5.863 million is unassigned, representing 6.38% of expenditures. In order to raise property taxes, the district must not exceed the 8% threshold.
Upper St. Clair’s budget is funded primarily by local sources, amounting to more than 78% of district revenues. Real estate taxes, current and interim, are anticipated to generate about $62.91 million.
By contrast, state funding accounts for approximately 20% of money coming to the district, and federal funding, less than 2%. The latter includes two rounds of Elementary and Secondary School Emergency Relief Funds to offset COVID-related costs, totaling $824,511, or 0.9% of revenues.
More than half of the expenditures are designated for instruction, and debt service of $10.42 million accounts for 11.34% of spending. The district’s estimated total indebtedness as of June 30 is $164.844 million, according to the budget.
To view the final budger, visit www.uscsd.k12.pa.us or the district’s administration building at 1775 McLaughlin Run Road.