Taxes will rise in Sharpsville school district
SHARPSVILLE, Pa. -- The average residential property owner in the Sharpsville Area School District will see the property tax bill rise by about $36 next year.
The school board gave final approval Monday to an $11,074,170 budget for 2001-02 that includes a 6-mill increase in the property tax, setting the new millage rate at 159.
One mill costs the average residential taxpayer about $6 a year and generates a total of $20,000 in revenue.
The vote wasn't unanimous. Dr. Henry VanZanten, Robert Donatelli and Chris Ruffo voted against the spending plan and Dr. Daniel Baker was absent.
Donatelli had proposed splitting the millage increase, raising taxes 3 mills this year and 3 mills again next year, but the majority of the board didn't agree with his plan, said Superintendent Dr. Derry Stufft.
None of the increase will go toward operating costs. All of it will be used to help pay for the $12 million renovation and expansion of the Pebly School into a new central elementary school.
The school board has raised taxes a total of 19 mills to pay for the school, enacting a 7-mill increase in 1999-2000 and 6 more mills in 2000-01. No further increase is needed for the project, school officials have said.
The new budget shows a spending increase of more than $500,000 over this year and the board will tap its undesignated fund account to cover it.