originally from Patch.com

Schools By Kristy Snyder Email the author November 16, 2011 Email Print Comment Revenue for the North Hills School District for the 2012-13 year is expected to be down from this year s expected revenues of $66,676,812, while costs are expected to increase,... More

Schools By Kristy Snyder Email the author November 16, 2011 Email Print Comment Revenue for the North Hills School District for the 2012-13 year is expected to be down from this year s expected revenues of $66,676,812, while costs are expected to increase, according to Director of Finance and Operations David Hall. More specific numbers are expected in December, as the detailed budget is put together. In the meantime, Hall warned school board members Monday that the year ahead would be tight. “By far the biggest issue for us is our real estate taxes,” Hall said during a presentation Monday to the school board. He said in particular he expects appeals of the property reassessments taking place next year in Allegheny County to impact the school budget negatively with about $1 million in losses. Real estate taxes make up between 60 percent and 65 percent of the school s general revenues, he said. Property taxes are not the only number-crunching issue at hand. The pension plan paid Less