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School district budget shows no tax increase

June 10, 2014

The 2014-15 St. Marys Area School District budget of $26,122,346 was unanimously approved by the school board.
"The great news for the community is there is no tax increase for the upcoming year," said Superintendent Ann Kearney. "Once again this is a budget that the district can be very proud of. We are in fiscally sound condition for the upcoming year. This is based on past decisions made by a very responsible board over the years."
This year's $26 million budget is an increase from the previously budgeted $25,264,867 in 2013-14.
Among the district's sources of revenue are $14,055,620 from local residents and businesses, $10,913,090 from state sources, $531,872 from federal sources and $621,764 from transfers.

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