Development News for Bensalem, Pennsylvania

School Board Approves Proposed 2026-2027 Budget Amidst Financial Concerns

The school board discussed and approved the proposed final budget for the fiscal year 2026-2027. The budget, totaling $195,420,796 in expenditures and $192,301,913 in revenues, anticipates a drawdown of $2,518,883 from the fund balance. This figure reflects a 4.2% tax increase and includes savings from bond restructuring, furloughs, and technology. Key cost drivers identified were special education and charter tuition. Board members expressed concerns about the declining fund balance and the sustainability of special education costs, emphasizing the need for legislative relief. A follow-up meeting was scheduled for June 17th to present a more detailed presentation on budget changes and trajectory.