Reading School Board adopts $482 million budget with no tax hike

Reading School Board adopts $482 million budget with no tax hike

The Reading School Board approved a $482 million budget with no tax hike for the coming school year. The board voted unanimously Wednesday to approve the $481,584, 791 budget for 2025-26. The figure reflects a $7,214,865 increase over the 2024-25 budget of $474,369,926. The district held its rate of 17.93 mills, the lowest in Berks County, steady for the ninth year. At the current rate, the owner of a home assessed at $100,000 is taxed $1,793, l…

School board adopts $157 million budget

The Liberty County School System’s fiscal year 2026 budget will take effect in less than a week, and some school board members already are looking at the FY27 budget. Board members approved the $157 million spending plan in a 5-1 vote June 18. The school system’s budget calls for $154 million in revenues, and the $3 million gap in expenditures and revenues will be made up from operational reserves.