Property owners in Carnegie, Crafton and Rosslyn Farms should be happy to learn school taxes will again remain at 26.7432 mills. Keith Bielby, director of finance and fiscal affairs for the Carlynton School District, presented the budget proposal that he and the finance committee developed for the 2023-24 school year on June 20. The budget, which directors approved, does not raise taxes for the second year in a row. The budget totals $33.956 million for revenue and expenditure. This is slightly smaller than the past year’s budget which had an estimated total revenue of $35.36 million and an estimated total expenditure of $34.47 million. Revenue and expenditure were both slightly higher in the past year than expected. Bielby attributed this to higher-than-expected revenue from taxes, investment and government stimulus. Building projects and other expenses cost slightly more than expected, but the school district still had a surplus of just over $890,000. Most of Carlynton’s revenue comes from local taxes, making up 61.58% of the revenue. Subsidies from the state government make up 30.48% of the revenue. Subsidies from the federal government make up 5.65%. The other 2.29% of the revenue comes from investments and other sources.
Photo Credit: Gazette 2.0

