The Unionville-Chadds Ford School District now has a preliminary budget for the 2017-2018 academic year. School Board directors approved the preliminary spending plan during their Feb. 13 work session.
The budget, which may change between now and the adoption of a final budget in June, anticipates spending and revenue at $85.6 million. Revenues show $8,609 from the unreserved fund balance, $158,000 from the federal government, $13.8 million from the state and $$71.6 million from local sources.
Those local sources are from property taxes, and those taxes will increase if the budget passes as is. In Chester County, the millage rate will change from 27.69 to 28.68 mills. The millage rate in Delaware County (Chadds Ford Township) will increase from 23.56 to 23.85 mills.
A mill is tax of $12 for every $1,000 of assessed property value. The difference in rates is based on different assessments in the two counties.
Other business
School directors voted to appoint Tom Day to the board to replace Michael Rock who stepped down from the board in January. Day is a financial executive who is also a Cub Scout leader and a Sunday school teacher. The vote was 8-0.
About Rich Schwartzman
Rich Schwartzman has been reporting on events in the greater Chadds Ford area since September 2001 when he became the founding editor of The Chadds Ford Post. In April 2009 he became managing editor of ChaddsFordLive. He is also an award-winning photographer.
