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Franklin, Cranberry Approve Tentative School Budgets, Tax Hike Shot Down At Franklin

May 21, 2013

The Franklin and Cranberry Area School Boards on Monday both approved tentative school budgets, but only the Cranberry plan would contain a real estate tax increase.

At Franklin, the board took votes on a proposed $30.2 million spending plan including, at first, a budget proposal that would have included a .41 mill, or 2.4 percent, property tax hike.  That plan was defeated by a 5-4 vote.  Instead, the Franklin board voted for the same size budget with no tax hike in a plan that would take $373,000 from the district’s fund budget, instead of the $155,000 in the initial proposal.

The board will vote on a final budget next month.  It is possible that other spending cuts could be found to lower the amount taken from the fund balance.

In Cranberry, tentative approval was given to a $17.7 million budget that would include a 2.3 percent property tax hike.  The budget deficit would total a little bit more than $349,000.  The tax increase would raise the Cranberry millage rate above 13 mills, and would amount to slightly more than 29 dollars in taxes for every $100,000 worth of assessed property value.

The Cranberry board will also take their final vote in June.

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