Tax reform is a political football. The committee believes changes to the law are being discussed but may not occur for two to four years. The district is stuck for three years if the Act does not work. The district will have more difficulty accurately projecting an annual budget and long range planning. The Act unnecessarily limits the decision-making authority of the Board of Directors.
Earned income is a more volatile tax.
All of the above items will result in less stability for the school district. The committee continues to believe in a need for a simpler way to shift real estate tax to a wage tax. Specifically, work with PSBA and other districts in promoting an increase in earned income for a reduction in real estate. Be a part of a solution. Explore ways to identify and help people in need.