Finance

 

The Colonial School District Board of Directors approved the 2026–2027 General Fund Budget on June 8, 2026, adopting a spending plan that balances the needs of students with fiscal responsibility while maintaining the district's high-quality educational programs. 

The $168,847,053 plan provides for three additional teachers to address rising student enrollment. Next year’s budget represents an increase of 3.59% over the 2025-26 spending plan, with rising student enrollment, increasing healthcare costs, contractual salary and benefit obligations, and tax rebate programs that reduce tax obligations for certain populations contributing to the additional costs. 

To balance the budget, the Board approved a 3.5% increase in the real estate tax rate, which remains within the Commonwealth's Act 1 index (the state-established tax increase limit). For a homeowner with the district's median assessed property value of $155,620, the increase equates to approximately $144 annually.

Even with this adjustment, Colonial School District continues to maintain one of the lowest real estate tax rates in Montgomery County while investing in the programs, services, and staff that support student success.