Proposed 2023-24 Budget
Each year, Downingtown Area School District is tasked with creating a budget that will support the long- and short-term goals of the district while serving its students, staff and the community.
Budget Overview
Budget Documents
Budget Goals
Siemens Property Sale - Uwchlan Township
History
The Uwchlan Township property was purchased from Siemens Medical Solutions for $22 million with the intent of building a third secondary campus. DASD was unable to gain the necessary zoning change in order to construct a school building.
Student enrollment growth has been in the central and southern portions of the school district and not the north, where the property is located. Therefore, it is fiscally responsible to our tax-payers to sell the property.
In 2014, DASD entered into a sales agreement with Hankin Group. Hankin was unable to gain zoning approval for their proposed residential and retail development, and, after seven years, they terminated their agreement with the district.
On February 9, 2022, the district entered a sales agreement with Carvana, LLC for $87,817,000. Carvana withdrew from the sales agreement in March of 2022 after it purchased several regional auto auction businesses.
The district entered a sales agreement with Audubon in July 2022 for $96,250,000. The sale was reviewed by the Court of Common Pleas in Chester County on November 28, 2022, and Judge William P. Mahon signed the order approving the sale. The closing date on the property is December 2024.
DASD/Siemens Property Sales Agreement Siemens Property Board Presentation
Budget FAQ
- Expenses
- Overview
- Revenue
- Taxes
- Overview
- Taxes