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HATBORO-HORSHAM SCHOOL DISTRICT 2020-2021 PROPOSED FINAL BUDGET ADOPTION June 22, 2020 REVENUE Local Real Estate Taxes, Current $74,698,474 Interim Real Estate Taxes $400,000 Real Estate Transfer Taxes $925,000 Earned Income Tax $5,185,000 Delinquent Taxes, All Levies $750,000 Tuition $142,361 Earnings from Investments $350,218 Public Utility Tax $78,000 Revenue from Student Activity $35,000 Revenue from Public Schools $876,469 Rental of School Property $329,836 Other $17,156 Total Local $83,787,514 State $22,081,192 Federal $2,242,228 Other $1,250,000 Beginning Fund Balance $3,050,000 Total Revenue $112,410,934 EXPENDITURES Instruction $67,610,682 Support Services for Instruction $36,798,633 Operation of Non-Instructional Services $1,795,696 Facilities Improvements $3,000 Debt Service $6,202,923 Total Expenditures $112,410,934 The annual operating budget serves a school population of approximately 4,700 students.
The Final 2020-2021 operating budget is in the amount $112,410,934 with 78.36% coming
from local sources, 19.64% from the state, and 2.00% from the federal government.
Major areas of use for the budget are Instruction (60.15%), Support Services (32.73%),
Non-Instructional Services (1.60%), and Debt Service (5.52%).
Taxpayer Impact - Final Budget Horsham $101.76 Hatboro $68.69