LOCAL REVENUES
n Current Real Estate Taxes
Interim Real Estate Taxes
Public Utility Realty Tax
Payments In Lieu of Tax
n Total Other Real Estate Taxes
Local Services Tax (LST)
Earned Income Tax (EIT)
Real Estate Transfer Tax
n Total Act 511 Taxes
Delinquent Real Estate Taxes
Delinquent EIT Tax
n Total Delinquent Taxes
Earnings on Investments
Admissions
Fees Collected from Students
Federal IDEA Pass-Thru Funds
Rental Income
Donations
Regular Day Tuition
Summer School Tuition
Revenue from Training
Refund of Prior Year Expenses
Miscellaneous Revenue
n Total Other Local Income
Total Local Sources
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
64,383,465
–
73,000
15,000
88,000
101,000
7,710,000
1,000,000
8,811,000
2,400,000
300,000
2,700,000
750,000
70,000
125,450
552,000
40,000
120,500
50,000
27,000
120,000
50,000
65,182
1,970,132
77,952,597
76.92% of total revenue
0.37% increase from 2018-2019
estimated actual
• No increase in millage rate
• Current real estate taxes based on a
95.5% collection rate
• Slight increase in real estate assess-
ments results in a slight increase to
current real estate tax collection
• Other line items budgeted based on
prior year actual amounts received
Delinquent Taxes
(Real Estate & Act 511)
3.46%
Other Local Income
2.53%
Act 511 Taxes
11.30%
Other Real
Estate Taxes
0.11%
Current Real Estate Taxes
82.59%
State REVENUES
Basic Education Subsidy
Reimbursement for Charter Schools
Tuition 1305/1306 Students
n Total Basic Instructional and
Operating Subsidy
n Special Education Subsidy
Pupil Transportation Subsidy
Charter Transportation Subsidy
n Total Transportation Subsidy
Reimbursement for Rental/Sinking Fund
(PlanCon)
Reimbursement for Health Services
State Property Tax Reduction
(Homestead Exemption)
Safe Schools Revenue
Safety and Security Grant
Ready to Learn Grant
n Total Other State Revenue
n Reimbursement of SS/Medicare
n Reimbursement of Retirement
Contributions (PSERS)
Total State Sources
12
FOX CHAPEL AREA
$
$
$ 4,013,389
–
–
$
$
$
$
$ 4,013,389
2,424,158
1,200,000
250,000
1,450,000
$
$ 523,767
96,000
$
$
$
$
$
$ 1,471,950
–
–
–
2,091,717
1,783,000
$
$ 7,990,000
19,752,264
19.49% of total revenue
1.73% increase from 2018-2019
estimated actual
• PA subsidy amounts are not finalized.
They are based on the PA state budget
and preliminary amounts provided to
school districts.
• Reimbursement for Social Security
and retirement contributions is based
on budgeted personnel expenditures
Reimbursement
of PSERS
40.45%
Basic Instructional &
Operating Subsidy
20.32%
Special Ed
Subsidy
12.27%
Transportation
Subsidy
7.34%
Reimbursement
of SS & Medicare
9.03%
Other State Revenue
10.59%