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Budget Summary

At its regular meeting on June 8, 2026, the Tredyffrin/Easttown School Board approved the 2026-27 Final Budget of $196.4 million in revenues and $204.8 million in authorized expenditures. The budget includes a $3.86 million use of reserves to balance the budget deficit and a $4.5 million contingency amount to ensure financial stability during the year. The budget reflects several months of review and discussion, including presentations at Finance Committee meetings, budget workshops, and multiple School Board meetings held between December 2025 and June 2026.

The District’s budgeted anticipated revenue totals $189.0 million. A property tax increase under the Act 1 index of 3.5%, combined with a State-approved referendum exception for special education expenditures of 1.49%, generates approximately $7.38 million in additional revenue. This brings total budgeted revenue to $196,422,650.

The approved authorized expenditures of $204.8 million include $200.3 million in anticipated expenditures and the contingency amount of $4.5 million.

The approved tax rate for 2026-27 is 31.1364 mills, an increase of 1.4797 mills from the current rate. For the average assessed home in T/E, this represents an estimated increase of approximately $388 annually. Homeowners eligible for the homestead/farmstead exclusion under Act 1 will receive a reduction of approximately $346 on their 2026 property tax bills through the state Property Tax Relief allocation of $3.727 million.

The 2026-27 budget addresses ongoing cost pressures while maintaining educational programs and services. Key cost drivers include a $2.9 million increase in special education expenditures, a $523,000 increase in debt service, and a $512,000 increase related to staffing adjustments. These increases are partially offset by approximately $2 million in Districtwide departmental reductions and projected healthcare costs.

For detailed information on the 2026-27 budget, visit the T/E School District website at www.tesd.net/budget. Any further public comments regarding the budget may be submitted to the Business Office or the T/E School Board.

For additional information about the 2026-27 budget, please see the TESD Annual Update newsletter.

Current Fiscal Year General Fund Budget (PDE Form 2028)


2026-27 Budget Development 
 
The School Board Finance Committee will meet on the following dates to discuss the 2026-27 budget. Meetings will be held at the Tredyffrin/Easttown Administration Offices unless otherwise noted.
 
  • TBD

All meetings will be held at 7:00 pm in the Tredyffrin/Easttown School District Administration Offices (TEAO) at 940 West Valley Road, Suite 1700 in Wayne, unless otherwise indicated. The meeting location may change, so please check the website regularly. The T/E School Board encourages public participation throughout the budget development process. Public comments regarding the budget may be submitted to Arthur J. McDonnell, Business Manager, or to the T/E School Board.