Created on Thursday, 21 June 2012 23:23
The North Penn School Board has approved a budget for the next school year. The spending plan totals almost 208-million dollars and raises property taxes by 1.7%. That translates into about $54 for the average homeowner. District officials just last month were considering a tax increase about one-and-a-half times larger but School Board President Vince Sherpinsky says at least $100,000 more is coming from the state than originally anticipated. He also says the district is getting a $750,000 windfall from a commercial property owner that has dropped a legal challenge of its tax assessment.