The Pine-Richland School Board approved the General Fund Budget for the 2014-2015 school year with total expenditures of $73,696,347 and total revenues of $73,105,973 with an assigned fund balance utilization of $590,374 for capital improvements, and to establish the following tax rates for the fiscal year 2014-2015:
1. Real Estate Tax rate of 19.2083 mills
2. Earned Income Tax of 0.5%
3. Act 511 Per Capita Tax of $5.00 for individuals age 18 and older
4. Pennsylvania School Code Per Capita Tax of $5.00 for individuals age 18 and older.
The real estate tax rate of 19.2083 mills remains flat for 2014-2015.