NASD 2019-20 Proposed Preliminary Budget and Notice of Act 1 Referendum Exceptions

The Board of School Directors of the Nazareth Area School District, in accordance with Act 1 of 2006, Taxpayer Relief Act, will have the 2019-20 proposed preliminary budget available for public inspection no later than January 7, 2019 at the Nazareth Area School District, District Office, One Education Plaza, Nazareth, PA  18064 during regular office hours, and on the District website at nazarethnasd.org. Adoption of the Preliminary Budget will be held at 7:00 PM on January 29, 2019 in the Walter L. Peters Board Room at the District Offices, One Education Plaza, Nazareth, PA 18064.

Pursuant to Act 1, the PDE publishes an index % applicable to the School District. The school real estate tax increase for the next fiscal year is limited to the index % unless the proposed tax rate is approved by the voters pursuant to a referendum or the District qualifies for an Act 1 exception. As a result of special circumstances covered by Act 1 referendum exception, the tax rate % increase above the index is required to balance the District budget for the next fiscal year.

Nazareth Area School district intends to seek approval from the PDE as required by Act 1 for exceptions allowing increase of the real estate tax as reflected in the preliminary budget.


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