APOLLO-RIDGE SCHOOL DISTRICT

2019-20 PRELIMINARY BUDGET FAST FACTS

The Preliminary Budget:

• Totals $25,464,700
• Represents a 1.03% increase over the 2018-19 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 2019-20 is 3.4%
• The preliminary budget contains no increase in Armstrong County millage and a .4 mill decrease in Indiana County. Armstrong Co. – 62.4 mills, Indiana Co. – 14.4 mills
• Act 1 provides relief for Homestead/Farmstead approved properties
• The 2019-20 Homestead/Farmstead exclusion for approved properties is approximately $336
• A mill is worth approximately $160,620