Parkland Rolls Out Preliminary 2013-2014 Budget

Any tax hike will depend on factors such as county reassessment, federal funding.

  Parkland's 2013-2014 budget of $145.2 million was previewed Tuesday night but there are still some unknown factors such as Lehigh County property reassessments and federal funding that make it impossible to estimate any potential property tax increases. Parkland's Director of Business Administration John Vignone told directors the district will have to adjust its millage in order to make the reassessment revenue neutral. He said Lehigh County is the first in the state to reassess property values since Act 1, which limits tax increases school districts can impose without referendum, was adopted. "We are learning something new every day," Vignone said. "But Act 1 does permit a 1.7 percent increase...so it’s going to be revenue neutral plus…

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