The Pleasant Valley School Board approved the proposed final budget for 2025-26 with a 2% increase tax increase Thursday night.

The public has 30 days to review the proposed final budget in the district office before the school board votes on June 23.

The current millage rate is 25.1083 and would increase 0.5074 mills to 25.6157 in the new budget.

The school board did not discuss the budget during the board meeting on Thursday. But during the workshop session on May 8, business manager Tammy Smale said the new millage would be an increase of $78 annually on real estate property with an average assessed value of $143,138.

Smale’s presentation at the workshop session showed anticipated revenue amounts: local (real estate/property tax, earned income tax, other payments), $57,822,160; State (subsidies, grants, retirement, transportation, real estate tax reduction allocation), $56,715,418; federal (Title I, II, III and IV, and medical ACCESS), $1,561,892, for a total of $116,099,470.

The federal numbers were an estimate, Smale said, because the Title numbers for 25-26 have not come out yet.

Expenses include: Instruction, $66,790,907, increase of $2.7 million; support services: $40,831,036; up $2.4 million; noninstructional/operations: $1,468,777, up $378,890, and other and financing: $7,008,750; down $344,000 due to spending on the high school renovation project.

Total expenditures are $116,099,470, an increase of $4.5 million.

Salaries, based on the collective bargaining agreement cost of benefits, went up by 4%. Transportation costs increased by 4%. Special education and out-of-district placement increased by 7%, Smale said.

“Enrollment is increasing in special education,” she said.

In all, 58% of the budget covers salaries and benefits district wide, 19% covers the utilities and insurance, 9% for professional services, 8% for supplies and equipment, 5% for debt reduction and 1% for other expenses.