• HATBORO-HORSHAM SCHOOL DISTRICT

    2022-2023 FINAL BUDGET ADOPTION

    June 20, 2022

     

    REVENUE    
    Local      
      Real Estate Taxes, Current   $78,254,809
      Interim Real Estate Taxes   $400,000
      Real Estate Transfer Taxes   $1,000,000
      Earned Income Tax   $6,100,000
      Delinquent Taxes, All Levies   $800,000
      Tuition   $170,126
      Earnings from Investments   $75,000
      Public Utility Tax   $78,000
      Revenue from Student Activity   $35,000
      Revenue from Public Schools   $1,024,801
      Rental of School Property   $172,000
      Other   $17,156
           
    Total Local   $88,126,892
    State     $23,812,462
    Federal     $4,437,520
    Other     $2,191,946
    Beginning Fund Balance   $3,050,000
      Total Revenue   $121,618,820
           
    EXPENDITURES    
    Instruction   $71,495,937
    Support Services for Instruction   $40,898,387
    Operation of Non-Instructional Services   $2,066,426
    Facilities Improvements   $199,411
    Debt Service   $6,958,659
           
      Total Expenditures   $121,618,820

     

    The annual operating budget serves a school population of approximately 4,200 students. 

    The Final 2022-2023 operating budget is in the amount $121,618,820 with 76.77% coming from local sources, 19.58% from the state and 3.65% from the federal government.

    Major areas of use for the budget are Instruction (58.79%), Support Services (33.63%), Non-Instructional Services (1.86%), and Debt Service (5.72%).