• 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