RSSCategory: Budget Information

Solanco wins distinguished award for financial reporting and accountability

Solanco wins distinguished award for financial reporting and accountability

| August 27, 2019

Once again, Solanco business officials have earned the Certificate of Excellence in Financial Reporting from the Association of School Business Officials International (ASBO). The award honors Solanco’s Comprehensive Annual Financial Report (CAFR) for the 2017-2018 fiscal year, which ASBO says clearly demonstrates Solanco’s commitment to financial transparency and high standards for financial reporting. In the photo […]

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Solanco’s proposed preliminary 2019-2020 budget

| December 19, 2018

The budget development process for the 2019-2020 school year is well underway. Following are upcoming school board meeting dates that are expected to include action on the budget: January 7: Approval of advertising and posting of the proposed preliminary budget. February 4: School board adoption of the preliminary budget. April 15: Approval of advertising and […]

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Solanco’s daily and hourly educational costs

Solanco’s daily and hourly educational costs

| January 26, 2018

An annual audit of the Solanco School District by Trout, Ebersole and Groff has determined that the cost of education in Solanco during the 2016-2017 school year was $82.90 per student per day. The hourly cost was $10.36 per student per hour for an eight-hour day in 2016-2017. The costs include student transportation, food service, […]

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Solanco budget information

| January 12, 2018

The Solanco School Board has approved the advertising and posting of the proposed preliminary 2018-2019 district budget. The proposed $59,033,628 budget includes a 3.20% tax increase, which would translate to an increase of $32.46 for each $100,000 in assessed value. Residents are reminded that 2018 is a reassessment year, and there will be individual variations […]

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Reassessment information from the Solanco School District

| May 11, 2017

Property owners in the Solanco School District should have received a Preliminary Property Assessment Notice that has been mailed by the Lancaster County Property Assessment Office. Anyone who has not received the notice or may have misplaced it should watch for a final notice which is expected to be mailed in early June. Solanco “Revenue Neutral.” The […]

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Interesting audit info – daily and hourly educational costs

| January 27, 2017

An annual audit of the Solanco School District by Trout, Ebersole and Groff has determined that the cost of education in Solanco during the 2015-2016 school year was $79.80 per student per day. The hourly cost was under $10, at $9.97 per student per hour in 2015-2016. Those costs include student transportation, food service, athletic […]

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Preliminary 2017-2018 Solanco budget available for review

| January 24, 2017

At the Monday, January 23 Solanco School Board meeting, business manager Dr. Tim Shrom provided a presentation about the Solanco School District’s preliminary budget for the 2017-2018 school year. The proposed $58.095-million preliminary budget includes a 2.9% increase in the district’s real estate property tax. The increase would be below the Act 1 tax index […]

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Solanco’s 2016-2017 budget

Solanco’s 2016-2017 budget

| June 9, 2016

The Solanco School Board has approved a final 55.7-million budget for the 2016-2017 school year. It contains a tax increase of 2.90-percent, which is the limit established by Act 1 for Solanco for the 2016-2017 school year. Homeowners will pay an additional $35.08 per $100,000 assessment. The average tax increase in the county will be $55.40. Solanco’s […]

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