Jersey Shore schools set 2021-22 tax rates
JERSEY SHORE — Although it was not a unanimous vote, the Jersey Shore Area School Board approved setting real estate tax rates for 2021-22 at 13.51 for district property owners in Clinton County and 18.24 for Lycoming County.
Under these rates, a Lycoming County property valued at $100,000 would be taxed $1,351 for the year.
The rates represent a slight decrease for Lycoming County from 2020-21 and no change for Clinton County residents because of rebalancing based on property values. Earned income and real estate transfer taxes remain the same at 1.1 percent and .5 percent, respectively, for the upcoming fiscal year.
Voting in favor were Craig Allen, Harry Brungard, Patrice Doebler, Angela Grant, Wayne Kinley, Nancy Petrosky and Mary Thomas. Voting no were David Becker and Michelle Stemler.
In conjunction with the tax rate, the board approved the final 2021-22 budget and the Homestead/Farmstead resolution.
The resolution states that 3,305 homesteads in Lycoming County and 1,256 in Clinton County are approved for tax assessment reductions. In addition, 87 farmsteads in Lycoming County were approved and 8 in Clinton County for a total of approved homesteads and farmsteads of 4,656.
This means that owners of those properties are approved for a maximum reduction of $245.41 in their real estate taxes for the upcoming fiscal year.
In other finance items, the board approved authorizing the business manager to make any necessary revisions to the general fund budget for the current fiscal year at the time the auditors make their final adjustments to the district’s financial records. The business manager is also to report the revisions to the board at the completion of the audit.
They also authorized fund transfers for capital projects and fund commitments for the purpose of medical reserves, posers rate stabilization fund and amounts committed for the purpose of balancing the current budget provided sufficient funds are available for the completion of the 2020-21 financial reports with final board approval at the acceptance of the final audited financial statements.
Several purchases of insurance policies for 2021-22 from PUBS through the R. R. Otter Agency were approved by the board. They include:
• A district insurance policy which includes general liability, property, automobile, fiber optics, boiler and machinery insurance at a cost of $107,230. Cost for 2020-21 was $101.892.
• Workmen’s compensation insurance from Eastern Alliance Insurance at a cost of $66,950. Cost for 2020-21 was $56,630.
• School leaders errors and omissions insurance at a cost of $12,574. Cost for 2020-21 was $13,266.
• District excess liability insurance at a cost of $8,296. Cost for 2020-21 was $9,382.
• Privacy and network liability insurance at a cost of $12,457. Cost for 2020-21 was $9,983.
• General law enforcement liability and excess liability insurance at a cost of $300 which was the same for the current fiscal year.
The board also voted to extend the agreement between the district and Es Northeast, LOCAL (Source 4 Teachers) through June 30, 2022, and OK’d a contract addendum to add substitute summer school teacher hourly rates, retroactive to June 6.