ELKLAND - The Northern Tioga School Board recently passed a balanced budget, according to documents provided by Business Manager Wanda Erb. Projected expenditures for the 2013-14 school year total $32.4 million while projected revenues are $38.5 million.
The district raised property taxes to the maximum 2.5 percent Act 1 index, 15.6405 mills. School district homeowners with an assessed property value of $100,000 should expect to pay an additional $38 per year in real estate taxes.
The earned income tax rate remains steady at 1.2 percent.