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SR school board holds line on taxes, deficit

SLIPPERY ROCK TWP — The Slippery Rock School Board on Monday passed a preliminary 2013-14 budget with neither a deficit nor a tax increase.

Paul Cessar, business manager, presented a $28.4 million budget with a $16,670 surplus.

“Right now, we have a balanced budget,” Cessar said.

In April, Cessar presented a $28.8 million budget with a $278,104 deficit. This would have required a 2.14 mill property tax increase. A mill generates $1 in tax for every $1,000 of a property’s assessed value.

However, the $28.2 million budget presented Monday evening keeps the tax rate at 89.15 mills.

Cessar said that the district had 17 retirements this year and seven positions are not being replaced, all helping to cut down on expenditures.

The board will pass a final budget, including the property tax rate, at its June 24 meeting.

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