1. HOLLIDAYSBURG AREA SCHOOL DISTRICT 2016-2017 Committee of the Whole Meeting Budget Information Sessions June 1, 2016

7. HOLLIDAYSBURG AREA SCHOOL DISTRICT MILLAGE IMPACT ON TAXPAYER No Millage1.0 Mill2.93 Mills @ Increase Act 1 Index Proposed Revenues 2016-201746,502,42246,708,28547,105,601 Proposed Expenditures 2016-17(47,661,359) Total (Decrease) in Fund Balance(1,158,937)(953,074)(555,758) Retirement Rate Stabilization Fund Use475,662 Net (Decrease) in Undesignated Fund Balance(683,275)(477,412)(80,096) Average Residential Taxpayer Costs No Millage1.0 Mill2.93 Mills @ Increase Act 1 Index Average Assessed Value$15,055 Millage Rate97.5098.50100.43 Tax$1,467.86$1,482.92$1,511.97 Increase Per YEAR to the AVERAGE Taxpayer$0.00$15.06$44.11 Increase Per MONTH to the AVERAGE Taxpayer$0.00$1.25$3.68