School Budget Gap to Diminish with Corbett Proposal
As proposed, Gov. Tom Corbett's state budget would close an estimated $650K in Hatboro-Horsham School District's deficit.
If Gov. Tom Corbett's $28.4 billion budget moves forward as introduced, it would cut Hatboro-Horsham School District's budget shortfall for its 2013-14 spending plan in half, a district official told Patch. With a 1.7 percent tax increase figured in for the upcoming school district budget, Hatboro-Horsham is still facing a $1.3 million budget shortfall. Without a tax increase, the deficit is about $2.2 million, district officials reported last month. However, Corbett's budget—at least in the early version released Tuesday—would help to lessen the gap, Bob Reichert, Hatboro-Horsham School District's director of business affairs told Patch. "If the governor’s budget was approved as currently proposed, I estimate that it would reduce our …
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