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DASD Board Approves Budget with No Tax Increase

On June 12, 2019 the Downingtown Area School District Board of School Directors approved the 2019-2020 School District budget with no tax increase. This will be the seventh year running that a Downingtown budget has been approved with no property tax increase.

 

The unanimous vote approving the $226.3 million budget shows a 2.6% increase in expenses over last year’s budget, which reflects the District’s efforts to control costs despite larger increases in areas such as healthcare and special education costs. 

 

Superintendent Emilie Lonardi commented, “As a District, we are committed to being fiscally responsible to our taxpayers. Thanks to the careful planning of our Board of School Directors and team of administrators we are fortunate to be able to avoid a tax increase for the seventh year in a row.”

 

The Downingtown Area School District is the largest School District in Chester County. The District has the highest rating of AAA from Moody’s and S&P rating agencies for the District’s strong financial health. The District has also earned the Meritorious Budget Award from the Association of School Business Officials fourteen years in a row for excellence in budget presentation.