2016-2017 GENERAL OPERATING BUDGET
Monday, June 27th, 2016

2016-17 GENERAL FUND BUDGET FAST FACTS

The General Fund Budget:

  • Totals $24,092,210
  • Represents a 2.62% increase over the 2015-16 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 2015-16 is 3.5% for Armstrong County and 2.8% for Indiana County
  • The preliminary budget contains no tax increase

1.   Armstrong County remains at 62.9 mills

2.   Indiana County will be 14.9 mills (reassessment)

  •   Act 1 provides relief for Homestead/Farmstead approved properties
  • The 2016-17 Homestead exclusions per approved properties are as follows:  Armstrong County - $316.95 and Indiana County - $319.05
  • Approximately 207 property owners will pay no school real estate taxes in 2016-17
  •   A mill is worth approximately $164,959