CLEARFIELD – The Clearfield school board on Monday approved its final general fund budget for 2022-23 with a 4-mill tax increase.
It calls for revenues of $44.66 million and expenditures of $51.36 million, creating a projected deficit of nearly $6.7 million.
The budget deficit can be directly attributed to extraordinary increases in cyber-charter tuition and rising operational costs.
“There was no movement – nothing to change the numbers [from the tentative budget],” commented Business Manager Sam Maney.
The board then passed a tax resolution to raise real estate millage by 4 mills from 101 to 105 mills.
It kept both the earned income tax and real estate transfer tax at 1 percent and the local service tax at $5.
The board also approved the Capital Projects and Cafeteria Fund budgets in the amounts of $517,500 and $1.65 million, respectively.
