South Fayette Township School District

June 26, 2007: South Fayette School Board Passes Final Budget
On Tuesday, June 26, the South Fayette Board of School Directors passed a final budget in the amount of $29,631,756, that includes a millage increase of 1.95 mils. The new millage rate for South Fayette for 2007-2008 is 23.14. To balance the budget, $1.1 million of the District’s fund balance was utilized, leaving approximately $748,000 in fund balance going forward. Click here to read complete story.

2007-2008 Final Summary of Expenditures
2007-2008 Final Summary of Revenues
Millage Increase Affect for the Average Homeowner:
If a house is assessed at $100,000
- 1.95 mill increase = .00195 x 100,000
- Impact to Homeowner = $195 per year, $16.25 per month or $.55 per day
  The average South Fayette home value is $112,784 (according to 3/15/06 data).

Budget Presentations: Leading to Final Budget

Date Presented	Description
4/17/07	Student Achievement and Performance, presented by Dr. Ravita
2/8/07	Summary of Preliminary Budget Meeting and Outcome
2/5/07	Preliminary Budget Summary
12/07	Q&A with Important Facts and Information Related to 07-08 Budget
1/16/07	Preliminary Budget
12/4/06	Review Act 1 Summary Presented by Tax Study Commission in South Fayette & Neighbors
11/21/06	Pre-Preliminary Budget

Budget Expenditures

2006-2007 Approved Budget
Expenditures	$28,706,181
2007-2008 Approved Budget
Expenditures	$29,631,756

Millage Comparison
School District Millage 2006-2007

Questions related to the budget can be sent to George Safin via e-mail sent to gsafin@southfayette.org or via mail to 3660 Old Oakdale Road, McDonald, PA 15057.