New Castle News


May 8, 2013

No tax hike expected for Neshannock schools

NEW CASTLE — The Neshannock school board does not anticipate a tax increase for next year.

A tentative 2013-14 budget — featuring $17,005,051 in expenses and $16,585,744 in revenues — was introduced this week.

The spending plan, which is $464,067 greater than the current year’s budget, will be on display for the next 30 days at the school. The board plans to vote on it at the June 13 meeting.

Taxes will remain the same. Real estate millage is 14.375 mills, for an estimated $8.9 million in revenue. In addition:

•A 1 percent earned income tax, split between the school district and Neshannock Township, is expected to result in $1,080,000.

•A real estate transfer tax, also shared with the township, is expected to generate $100,000.

•A $10 per capita tax is expected to generate $61,000.

•A $5 per capita tax is expected to generate $30,500.

•A $10 emergency and municipal services tax is expected to generate $55,000.

Dr. Mary Todora, superintendent, said the administration will continue to refine the budget before the final vote is taken.

She said health insurance, projected to grow by 7 percent, and teacher salaries remain the two largest line items. She also said she anticipates no teacher retirements in the coming school year.

The board also acted to refinance two 2008 construction bond issues. Taking advantage of low interest rates, the district will save an estimated $1.6 million over the 14-year life of the bonds.

They were sold at an on-line auction to Janney-Montgomery-Scott. Interest rates range from 1.25 to 3.25 percent.

Text Only | Photo Reprints
  • money.jpg Up through the ground comes education cash

    Democrats running for governor seem to be competing to convince voters they will dip deepest into the pockets of gas drillers to replace $1 billion that Gov. Tom Corbett has cut from education spending.

    April 15, 2014 1 Photo

  • school.jpg Charter school petitions court with signatures

    The New Castle Arts Academy Charter School has petitioned the Lawrence County Court of Common Pleas for an appeal.

    April 9, 2014 1 Photo

  • money.jpg Schools wait years to receive state’s share of construction bills

    More than 200 school building projects are awaiting money from the state — in some cases months and years after they cleared all other hurdles of Pennsylvania’s approval process.

    April 4, 2014 1 Photo

  • Vo-tech staffers receive Pride and Promise awards

    The Lawrence County Career and Technical Center’s joint operating committee has presented Pride and Promise awards to two employees.

    April 1, 2014

  • Rich.jpg Official sorting out vo-tech finances

    Second of two parts: The Lawrence County Career and Technical Center is plowing through a financial quagmire with help from the Laurel School District.

    March 27, 2014 1 Photo 3 Stories

  • Rich.jpg Overtime pay the crux of vo-tech forensic audit

    First of two parts: Lawrence County Career and Technical Center’s former assistant business manager allegedly logged overtime while on vacation, an audit report shows.

    March 26, 2014 1 Photo 2 Stories

  • Audit report details alleged discrepancies

    Forensic auditors examining Lawrence County’s vocational-technical school funds focused on overtime pay of the assistant business manager.

    March 26, 2014 1 Story

  • Audit shows more than overtime issues

    A forensic audit of the Lawrence County Career and Technical Center finances turned up more than alleged unauthorized overtime pay.

    March 26, 2014

  • Letter.jpg Our Opinion: Recording executive sessions will limit abuse

    Whenever governing bodies have public meetings, they often opt to conduct executive sessions.This is perfectly legal under Pennsylvania law — so long as the basic purpose for the executive session is explained to the public and so long as officials refrain from discussing matters in private that are required to be addressed in the open.

    March 26, 2014 1 Photo

  • State sponsoring dog license poster contest

    The state Department of Agriculture is inviting  students to enter a poster contest about the importance of dog licensing. The contest is open to all Pennsylvania students of grades 1 through 6, enrolled in public, private or home schooled children. The entry deadline is April 30.

    March 20, 2014

House Ads

What is your favorite Easter treat?

Jelly beans
Chocolate ... bunnies, crosses, anything that’s chocolate!
Marshmallow peeps
Decorated eggs
     View Results