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Board » 2018-2019 General Fund Budget

2018-2019 General Fund Budget

At the June 25, 2018, Legislative Meeting, the Apollo-Ridge Board approved the 2018-2019 General Fund Budget.

 

The Final Budget:

  • Totals $25,204,440
  • Represents a 2.82% increase over the 2017-18 budget
  • Defines the scope and depths of Apollo-Ridge’s programs
  • Act 1 of 2006 establishes an index which is used to determine the maximum tax increase allowable
  • Apollo-Ridge’s index for 2018-19 is 3.6%
  • The final budget contains a 0 mill increase in Armstrong County and a .6 mill decrease in Indiana County. Armstrong Co. – 62.4 mills, Indiana Co. – 14.8 mills
  • Act 1 provides relief for Homestead/Farmstead approved properties
  • The 2018-19 Homestead/Farmstead exclusion for approved properties is approximately $336
  • Approximately 84 property owners will pay no real estate tax in 2018-19
  • A mill is worth approximately $164,848