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

May 21, 2013
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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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