CSD School Board - Committee of the Whole - June 24, 2025
Centennial School District budget presentation 2025-2026
Academic performance report and PSSA achievement gains
Debt service fund and general fund balance reconciliation
Structural deficit and five-year financial projections
Bond refinancing strategies and credit rating impact
State and federal funding uncertainty
Grant opportunities and PCCD monitoring achievements
Personnel tenure recognition
Tax millage rate comparisons
Full Document Analysis
Notable Quotes (3)
achievement this year is is 29.4% better than it was at the at the coming out of the pandemic.
An act one point is worth $912,000 to us today.
our bond rating is our credit score, which ultimately it eats away at how much we save when we're trying to do the refinancing.
People (4)
Dr. BenSuperintendentAcknowledged for five years of service and tenure.
1 quote
Acknowledged for five years of service and tenure.
“Your achievements during your tenure have been impressible to achieve fled and low accomplished.”
Board member acknowledging superintendent's tenure.
Mr. GreenwoodFinance Official/PresenterPresented the 2025-26 budget and financial slide deck.
2 quotes
Presented the 2025-26 budget and financial slide deck.
“the budget's not just a bunch of numbers. I'm not just a number guy. I have feelings.”
Explaining the philosophy behind budget creation.
“The structural deficit is going to remain. It's just a matter of how large the deficit is going to be.”
Discussing the district's long-term financial outlook.
Mr. GhartBoard MemberQuestioned the impact of deficit spending on bond ratings.
1 quote
Questioned the impact of deficit spending on bond ratings.
“if we go any lower than act one, that budget deficit becomes bigger, which means we have to take more money from other accounts.”
Analyzing the trade-off of tax increases vs deficit.
Mrs. LynchBoard MemberInquired about previous budget deficits and IU funding reconciliations.
1 quote
Inquired about previous budget deficits and IU funding reconciliations.
“Last year, we had 2.6 million that we were in the hole for.”
Clarifying last year's financial performance.
Places Mentioned
Events & Meetings (1)
- June 24th, 2025 - School Board Committee of the Hall Meeting