Hatboro-Horsham School District Begins 2025-26 Budget Process
HORSHAM TOWNSHIP, PA —While Montgomery County municipalities prepare to pass their 2025 budgets, the Hatboro-Horsham School District is starting to make inroads on its next budget.
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District Bill Stone, the district’s director of business affairs, presented the first in a series of presentations on the 2025-2026 budget development process during the school board’s meeting last month.
In the past two years, the school board has approved tax increases of 3.52 percent and a 3.68 percent, which was the highest since the 2008-2009 school year, according to figures provided by the school district.
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School officials tout that it has one of the lowest millage rates in Montgomery County at 33.80 mills for 2024-2025.
The state-mandated Act 1 index limits property tax increases to 4 percent in 2025-2026.
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Since its inception in 2008, HHSD has never raised taxes more than the Act 1 index, benefiting the
district’s financial position and growing fund balance.
Stone said he approaches the budget development process with optimism, citing efficient staffing that supports academic achievement and student needs, continued strength in local revenues and state budget support, and stability in salary and benefit expenditures.
The expected decline in the Act 1 index over the next several years will soften that optimism, he said.
The budget development process will also navigate investments for the new Keith Valley Middle School and District Administrative Office, and implement a new Enterprise Resource Planning system for the business and human resources functions of the district.
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