Proposed WVW Budget Includes Tax Hike

May 21, 2019

The Wyoming Valley West School Board on Monday proposed a budget that would increase the property tax rate 3.2 percent and allocate $81.6 million in spending. The board is required to adopt a final budget by June 30. The size of the proposed tax cut is down from 4.7 percent, the size of the increase in a preliminary budget from February, and is at the state index amount. The state establishes an index amount each year for school districts based on various factors. Wyoming Valley West received state approval to exceed the state index amount due to an exception amount based on special education costs. The proposed budget would increase the tax rate to 17.29 mills, Finance Director Louis Cardoni said. A mill is $1 on every $1,000 in property assessment. — MICHAEL P. BUFFER

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