Fox Chapel Area School District 2025-2026 Final Budget

The Fox Chapel Area School Board adopted the 2025-2026 final budget at its regular business meeting June 9, 2025. The budget calls for total expenditures of $123,187,421 and total revenues of $120,709,693. The budget will be balanced via a 2.3% tax millage increase and the utilization of a portion of the available fund balance. The 2.3% millage increase falls below the 4% Act 1 index increase allowed by the state. 

The tax increase reflects a decrease in real estate revenues in relation to changes in assessment values and an increase in recurring costs related to student transportation.

The 2025-2026 final budget reflects the following:

• Increased expenses due to facility improvements
  • Water/sewer line repairs
  • HVAC upgrades
  • Building safety upgrades
  • A funds transfer into the Capital Reserve Fund to be used toward the district’s multiphase capital projects plan
     
• Employee insurance premium increases
  • 5.7% for medical coverage
  • 3% for dental coverage
  • 3% for vision coverage
     

• Public School Employees’ Retirement System (PSERS) employer contribution rate of 34% for 2025-2026

  • This accounts for 14% of the overall budget. The state reimburses the district 50% of the costs.

The final millage rate for 2025-2026 is 22.0076 mills. Each mill generates approximately $3.7 million for the school district. Properties that have approved homestead/farmstead exemptions will see an increase below 2.3% due to increased property tax relief funds from the state.

For more information, please see the "Budget & Finances" section of the website.