Peters Township School District Millage Rate: Understanding the Changes and Implications for Homeowners

The Peters Township School District has announced a series of reductions aimed at achieving financial stability and good stewardship. As part of these efforts, the district is set to reduce spending through discretionary cuts, eliminating one administrative position and one teaching position. This move is expected to save the district around $5 million, with incoming funds estimated at $45,273,948 from state sources.

The district's enrollment stands at approximately 10,000 students, making it a significant institution in the community. Despite these reductions, the Peters Township School District has projected total spending for the 2019-2020 school year to reach $148,601,335.

Homeowners within the district can expect an increase in their millage rate, with the average property owner set to pay $2,473 more than they did previously. This represents a 4.9% rise, the highest jump among Franklin County's school districts. Specifically, the millage rate for Chambersburg residents has increased from 109.647 mills to 115.019 mills.

According to Brian Miller, Communications and Marketing Director, these reductions align with one of the district's four main goals: financial stability and good stewardship. While the changes may impact some families, they are intended to ensure the long-term viability of the school system.

As Peters Township School District navigates its budgetary challenges, it is essential for homeowners to understand the implications of these changes on their property taxes. With a projected total spending of $148,601,335 and an increased millage rate, residents can expect to see a higher bill in the coming year. However, the district's efforts to reduce spending and achieve financial stability will help ensure that the institution remains a vital part of the community for years to come.

In conclusion, the Peters Township School District has taken steps to address its budgetary concerns by reducing discretionary spending and eliminating positions. While this may result in an increased millage rate for homeowners, the district's commitment to financial stability and good stewardship is crucial for maintaining its high standards of education and service.

Peters township school district millage rate