School District's Annual Budget
The annual general fund budget is one of the most important legal documents a school district will develop. Like the state, school districts’ fiscal years operate from July to June. As the law requires, school districts must pass a budget by June 30 each year. This requires a lot of planning and even some estimation since the deadline coincides with the state budget deadline, and school districts do not yet know their allocation from the state when they must develop and pass a budget.
The district’s spending plan is based on its educational and operational needs and the amount of available revenues. Many school districts confront difficult choices as they face increasing financial pressures in complying with numerous state and federal mandates that are often unfunded or underfunded. Districts follow legally required deadlines to allow for proper, transparent planning and public comment.
Advertising the budget and holding public hearings are vital parts of the budget development process. This report explains the process that school boards undertake to develop and adopt their district budgets. The publication also lists the deadlines that school districts must meet throughout the process.
According to the most recent figures, Bethel Park remains firmly ensconced in the middle of Allegheny County school districts’ millage rates, including lower tax rates than neighboring Upper St. Clair, South Fayette, South Park, and Mt. Lebanon.
The district’s spending plan is based on its educational and operational needs and the amount of available revenues. Many school districts confront difficult choices as they face increasing financial pressures in complying with numerous state and federal mandates that are often unfunded or underfunded. Districts follow legally required deadlines to allow for proper, transparent planning and public comment.
Advertising the budget and holding public hearings are vital parts of the budget development process. This report explains the process that school boards undertake to develop and adopt their district budgets. The publication also lists the deadlines that school districts must meet throughout the process.
According to the most recent figures, Bethel Park remains firmly ensconced in the middle of Allegheny County school districts’ millage rates, including lower tax rates than neighboring Upper St. Clair, South Fayette, South Park, and Mt. Lebanon.
2024-2025 Budget Timeline:
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June 25, 2024 - Adoption of Final Budget
- June 18, 2024 - Continued Board Discussion and Review
- May 21, 2024 - Adoption of Proposed Final Budget
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April 23, 2024 - Continued Board Discussion and Review
Annual Comprehensive Financial Report History
Annual Budget History