Welcome to GASD's Business Office
The development of the GASD annual budget is a continuous process throughout the year. Please see the information link to the left of this page for the most up-to-date budget information. Every year the budget process begins soon after our students arrive to start the school year. Each step of the process requires building and program leaders to review the programs and services the district provides and make recommendations for administrative and Board decisions. We in the Business Office strive to meet the demands of the State and the needs of our students, bringing balance between all stakeholders, especially our constituency: the tax-payers. Below is a Glossary of School District Financial Terms that may be helpful as you review the District's budget information.
- Business Office Staff
- 2024-2025 Budget Information
- Taxpayer Relief Act Information
- Audit Information
- Current Bid and RFP Information
- Local Taxpayer Information
- Notice of GASD Approval of Proposed ACTI Authority Resolution
Business Office Staff
2024-2025 Budget Information
06/17/2024 - The Gettysburg Area School District (GASD) Board of School Directors approved the 2024-2025 Final Budget at their regularly scheduled meeting on June 17, 2024. The 2024-2025 Approved Final Budget includes a 1.00% increase in the local real estate tax rate or 0.1125 mills. The increase is being set aside for the GASD portion of the future Adams County Technical Institute (ACTI) debt service cost the District will be required to fund. The increase is significantly less than the allowed 6.2% Act 1 index limit for GASD or 0.6980 mills. The GASD 2024-2025 Approved Final Budget information is listed below:
- 2024-2025 Approved Final Budget Resolution 06/17/2024
- 2024-2025 Approved Final Budget Tax Resolution 06/17/2024
- 2024-2025 Approved Final Budget Homestead/Farmstead Resolution 06/17/2024
- 2024-2025 Approved Final Budget on PDE Form 2028 06/17/2024
- 2024-2025 Approved Final Budget Summary of Major Budget Categories 06/17/2024
- 2024-2025 Approved Final Budget Revenue Summary 06/17/2024
- 2024-2025 Approved Final Budget Expense Function Summary Detail 06/17/2024
- 2024-2025 Approved Final Budget Expense Object Summary Detail 06/17/2024
- 2024-2025 Approved Final Budget Tax Impact Chart 06/17/2024
- 2024-2025 Approved Final Budget Homestead Farmstead Tax Impact Chart 06/17/2024
- 2024-2025 Approved Final Budget 6% Fund Balance Limit Worksheet 06/17/2024
Business Manager Presentation available to the Board prior to approval:
Prior to Board approval, the DRAFT Final Budget documents previously posted are below:
- 2024-2025 DRAFT Final Budget Resolution 06/17/2024
- 2024-2025 DRAFT Final Budget Tax Resolution 06/17/2024
- 2024-2025 DRAFT Final Budget Homestead Farmstead Resolution 06/17/2024
- 2024-2025 DRAFT Final Budget Summary of Major Categories 06/17/2024
- 2024-2025 DRAFT Final Budget 6% Fund Balance Limit Worksheet 06/17/2024
- 2024-2025 DRAFT Final Budget Tax Impact Chart 06/17/2024
- 2024-2025 DRAFT Final Budget Homestead Farmstead Tax Impact Chart 06/17/2024
- 2024-2025 DRAFT Final Budget Revenue Summary 06/17/2024
06/03/2024 - The Gettysburg Area School District Board of School Directors reviewed the 2024-2025 Final Budget at their regularly scheduled meeting on June 3, 2024. The Board is scheduled to approve the Final Budget on June 17, 2024. The Business Manager's 2024-2025 Final Budget presentation is below:
05/20/2024 - The Gettysburg Area School District Board of School Directors held a 2024-2025 Proposed Final Budget Public Hearing on May 20, 2024. The Business Manager's presentation and related budget information is below:
- 2024-2025 Proposed Final Budget Public Hearing Presentation Slides 05/20/2024
- 2024-2025 Proposed Final Budget Revenue Summary Detail 05/20/2024
- 2024-2024 Proposed Final Budget Object Summary Detail 05/20/2024
- 2024-2025 Proposed Final Budget Homestead/Farmstead Tax Reduction Impact Chart 05/20/2024
05/06/2024 - The Gettysburg Area School District Board of School Directors approved the 2024-2025 Proposed Final Budget at their regularly scheduled meeting on May 6, 2024. The Proposed Final Budget includes a 1.0% increase in the local real estate tax rate or 0.1125 mills which is less than the 6.2% Act 1 Index for GASD or 0.6980 mills. The Board is scheduled to hold a Public Budget Hearing on May 20, 2024, and approve the Final Budget on June 17, 2024. The Business Manager's Proposed Final Budget presentation and related budget information, including the PDE 2028 form is below:
- 2024-2025 Proposed Final Budget Presentation Slides 05/06/2024
- 2024-2025 Proposed Final Budget on form PDE 2028 05/06/2024
- 2024-2025 Proposed Final Budget Summary of Major Budget Categories 05/06/2024
- 2024-2025 Proposed Final Budget Unassigned Fund Balance Worksheet 05/06/2024
- 2024-2025 Proposed Final Budget Tax Impact Chart 05/06/2024
- 2024-2025 Proposed Final Budget Homestead/Farmstead Impact Chart 05/06/2024
04/22/2024 - The Gettysburg Area School District Board of School Directors were given a 2024-25 Budget Information Presentation from the Business Manager, Belinda Wallen, at its regularly scheduled meeting on April 22, 2024. The Board is scheduled to approve the Proposed Final Budget on May 6, 2024, hold a Public Budget Hearing on May 20, 2024, and approve the Final Budget on June 17, 2024. The Business Manager's presentation is below:
02/20/2024 - The Gettysburg Area School District Board of School Directors heard a presentation from its independent auditors, Smith Elliott Kearns & Company LLC, at its regular meeting on February 20, 2024. The auditors noted that their report for 2022-23 is expected to include an unmodified opinion, meaning no material differences were found and the District's financial statements are presented in accordance with generally accepted accounting principles. An audit entry was proposed to correct a revenue entry related to ESSER from 2022-2023 revenue to 2023-2024 revenue due to the timing of related expenses.
12/04/2023 - The Gettysburg Area School District Board of School Directors approved a Resolution not to exceed the tax rate index (Opt-Out Resolution) at its regularly scheduled meeting on December 4, 2023. The 2024-2025 Act 1 index for GASD is 6.2%. The Board also received an updated 2024-2025 Budget Timeline as well. The dates listed on the timeline are subject to change. The resolution and timeline are listed below:
- 2024-2025 Act 1 Preliminary Budget Resolution not to Exceed Index 12/04/2023
- 2024-2025 Board Budget timeline (revised) 12/04/2023
10/02/2023 - The Gettysburg Area School District Board of School Directors received the 2024-2025 Budget Timeline at its regularly scheduled meeting on October 2, 2023. The dates listed on the timeline are subject to change.
Taxpayer Relief Act Information
The Taxpayer Relief Act, Special Session Act 1 of 2006, was signed into law by Governor Rendell on June 27, 2006. The following items and/or links are presented here to help provide information on Act 1 to Gettysburg Area School District residents, taxpayers, and voters. You may contact the District Business Office at (717) 334-6254, extension 1226, if you have further questions.
Act 1 Application
Audit Information
Local Audit Information:
- 2022-2023 Independent Audit Report
- 2022-2023 Annual Financial Report - PDE 2057
- 2021-2022 Independent Audit Report
- 2021-2022 Annual Financial Report - PDE 2057
- 2020-2021 Independent Audit Report
- 2020-2021 Annual Financial Report - PDE 2057
- 2019-2020 Independent Audit Report
- 2019-2020 Annual Financial Report - PDE 2057
- 2018-2019 Independent Audit Report
- 2018-2019 Annual Financial Report - PDE 2057
- 2017-2018 Independent Audit Report
- 2017-2018 Annual Financial Report - PDE 2057
Current Bid and RFP Information
Current Gettysburg Area School District invitations to bid and requests for proposals are listed in the left column under the Current Bid and RFP Information header. You must turn the "+" to a "-" next to the Current Bid and RFP Information header to see the list of current bid and request for proposal invitations. Once you see bids or RFPs below the header simply click on the bid or RFP invitation you are interested in to get more information. If there is no "+" or "-" next to the Current Bid and RFP Information header then that means there are no current bid or request for proposal invitations at this time.
Local Taxpayer Information
The following items and/or links are presented here to help provide information on local taxes to Gettysburg Area School District residents, taxpayers, and voters. You may contact the District Business Office at (717) 334-6254, extension 1226, if you have further questions.
YATB Local Tax Info for Adams/York County Residents
Notice of GASD Approval of Proposed ACTI Authority Resolution
NOTICE IS HEREBY GIVEN that the Board of School Directors of the Gettysburg Area School District, Adams County, Pennsylvania, at a regular meeting on February 20, 2024, adopted a Resolution following a public hearing which was held on January 24, 2024, EXPRESSING THE INTENTION OF THE ADAMS COUNTY TECHNICAL INSTITUTE JOINT BOARD TO ORGANIZE THE ADAMS COUNTY TECHNICAL INSTITUTE AUTHORITY UNDER THE MUNICIPALITY AUTHORITIES ACT FOR THE PURPOSE OF EXERCISING THE POWERS CONFERRED BY THE ACT; APPOINTING THE FIRST MEMBERS OF THE BOARD OF THE AUTHORITY; AUTHORIZING THE EXECUTION OF THE ARTICLES OF INCORPORATION; AND PREPARING LEGAL NOTICES FOR THE CREATION OF THE AUTHORITY. THE ARTICLES OF INCORPORATION SHALL BE FILED WITH THE SECRETARY OF THE COMMONWEALTH IN ACCORDANCE WITH SECTION 5603 OF THE MUNICIPALITY AUTHORITIES ACT, 53 Pa. C.S. §5603, ON OR AFTER FEBRUARY 27, 2024.
A copy of the full text of the Resolution may be examined at the offices of the School District Monday through Friday, during the hours of 8:00 a.m. and 3:00 p.m., prevailing time, and is also available at the school district website - https://www.gettysburg.k12.pa.us/. See resolution below:
Prior Years Budget Info
- 2023-2024 Budget
- 2022-2023 Budget
- 2021-2022 Budget
- 2020-2021 Budget
- 2019-2020 Budget
- 2018-2019 Budget
- 2017-2018 Budget
2023-2024 Budget
06/05/2023 - The Gettysburg Area School District Board of School Directors approved the 2023-2024 Final Budget at their regularly scheduled meeting on June 5, 2023. The 2023-2024 real estate tax rate will NOT change and will remain the same as the 2022-2023 rate, 11.2589 mills. The 2023-2024 Approved Final Budget included a 0.00% increase in the local real estate tax rate or 0.0000 mills. The 0.00% increase is less than the 4.8% Act 1 index for GASD or 0.5404 mills. The Approved Final Budget information is listed below:
- 2023-2024 Approved Final Budget Resolution 06/05/2023
- 2023-2024 Approved Final Budget Tax Resolution 06/05/2023
- 2023-2024 Approved Final Budget Homestead/Farmstead Resolution 06/05/2023
- 2023-2024 Approved Final Budget on PDE Form 2028 06/05/2023
- 2023-2024 Approved Final Budget Summary of Major Budget Categories 06/05/2023
- 2023-2024 Approved Final Budget Revenue Summary 06/05/2023
- 2023-2024 Approved Final Budget Expense Function Summary Detail 06/05/2023
- 2023-2024 Approved Final Budget Expense Object Summary Detail 06/05/2023
- 2023-2024 Approved Final Budget Tax Impact Chart 06/05/2023
- 2023-2024 Approved Final Budget 6% Fund Balance Limit Worksheet 06/05/2023
Business Manager Presentation prior to Board approval:
Prior to Board approval, the DRAFT Final Budget documents previously posted are below:
- 2023-2024 DRAFT Final Budget Resolution 06/05/2023
- 2023-2024 DRAFT Final Budget Tax Resolution 06/05/2023
- 2023-2024 DRAFT Final Budget Homestead Farmstead Resolution 06/05/2023
- 2023-2024 DRAFT Final Budget Summary of Major Categories 06/05/2023
- 2023-2024 DRAFT Final Budget 6% Fund Balance Limit Worksheet 06/05/2023
- 2023-2024 DRAFT Final Budget Tax Impact Chart 06/05/2023
- 2023-2024 DRAFT Final Budget Revenue Summary 06/05/2023
05/15/2023 - The Gettysburg Area School District Board of School Directors held a 2023-2024 Proposed Final Budget Public Hearing at their regularly scheduled meeting on May 15, 2023. The Business Manager's presentation and related budget information is below:
- 2023-2024 Proposed Final Budget Hearing Presentation Slides 05/15/2023
- 2023-2024 Proposed Final Budget Revenue Summary Detail 05/16/2023
- 2023-2024 Proposed Final Budget Object Summary Detail 05/15/2023
05/01/2023 - The Gettysburg Area School District Board of School Directors approved the 2023-2024 Proposed Final Budget at their regularly scheduled meeting on May 1, 2023. The Proposed Budget includes a 0.00% increase in the local real estate tax rate or 0.00 mills which is less than the 4.8% Act 1 index for GASD or 0.5404 mills. The Business Manager's presentation and related budget information, including the PDE 2028 form is below:
- 2023-2024 Proposed Budget Presentation Slides 05/01/2023
- 2023-2024 Proposed Budget on form PDE 2028 05/01/2023
- 2023-2024 Proposed Budget Summary of Major Budget Categories 05/01/2023
- 2023-2024 Proposed Budget Unassigned Fund Balance Worksheet 05/01/2023
- 2023-2024 Proposed Budget Tax Impact Chart 05/01/2023
04/17/2023 - The Business Manager, Belinda Wallen, provided a 2023-24 Budget Information Presentation to the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting on April 17, 2023. The presentation is below:
04/03/2023 - The Business Manager, Belinda Wallen, provided a 2023-24 Preliminary Budget Variables Presentation to the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting on April 3, 2023. The presentation is below:
02/21/2023 - The Gettysburg Area School District Board of School Directors heard a presentation from its independent auditors, Smith Elliott Kearns & Company LLC, at its regular meeting on February 21, 2023. The auditors noted that their report for 2021-22 includes an unqualified opinion, meaning no material differences were found and the District's financial statements are presented in accordance with generally accepted accounting principles.
02/06/2023 - The Business Manager, Belinda Wallen, provided a 2023-24 Initial Budget Variables Presentation to the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting on February 6, 2023. The presentation is below:
01/17/2023 - The Gettysburg Area School District Board of School Directors approved a Resolution not to exceed the tax rate index (Opt-Out Resolution) at its regularly scheduled meeting on January 17, 2023. The 2023-24 Act 1 index for GASD is 4.8%. The resolution is below:
11/07/2022 - The Gettysburg Area School District Board of School Directors received the 2023-2024 Budget Timeline at its regularly scheduled meeting on November 7, 2022. The dates listed on the timeline are subject to change.
2022-2023 Budget
08/01/2022 - The Gettysburg Area School District Board of School Directors reviewed state subsidy data presented by the Business Manager, Belinda Wallen. The worksheet is below:
06/20/2022 - The Gettysburg Area School District Board of School Directors approved the 2022-2023 Final Budget at their regularly scheduled meeting on June 20, 2022. The 2022-2023 Approved Final Budget includes a 1.38% increase in the local real estate tax rate or 0.1532 mills. The increase is less than the 4.0% Act 1 index for GASD or 0.4442 mills. The 2022-2023 Approved Final Budget local real estate tax rate is 11.2589 mills. The Approved Final Budget Information is listed below:
- 2022-2023 Approved Final Budget Resolution 06/20/2022
- 2022-2023 Approved Final Budget Tax Resolution 06/20/2022
- 2022-2023 Approved Final Budget Homestead/Farmstead Resolution 06/20/2022
- 2022-2023 Approved Final Budget on PDE Form 2028 06/20/2022
- 2022-2023 Approved Final Budget Summary of Major Budget Categories 06/20/2022
- 2022-2023 Approved Final Budget Revenue Summary 06/20/2022
- 2022-2023 Approved Final Budget Function Summary Detail 06/20/2022
- 2022-2023 Approved Final Budget Object Summary Detail 06/20/2022
- 2022-2023 Approved Final Budget Tax Impact Chart 06/20/2022
- 2022-2023 Approved Final Budget 6% Fund Balance Limit Worksheet 06/20/2022
Prior to Board approval, the DRAFT Final Budget documents previously posted are below:
- 2022-2023 DRAFT Final Budget Presentation Slides 06/20/2022
- 2022-2023 DRAFT Final Budget Resolution 06/20/2022
- 2022-2023 DRAFT Final Budget Tax Resolution 06/20/2022
- 2022-2023 DRAFT Final Budget Homestead Farmstead Resolution 06/20/2022
- 2022-2023 DRAFT Final Budget Summary of Major Categories 06/20/2022
- 2022-2023 DRAFT Final Budget 6% Fund Balance Limit Worksheet 06/20/2022
- 2022-2023 DRAFT Final Budget Tax Impact Chart 06/20/2022
- 2022-2023 DRAFT Final Budget Revenue Summary 06/20/2022
05/16/2022 - The Gettysburg Area School District Board of School Directors held a 2022-2023 Proposed Final Budget Public Hearing at their regularly scheduled meeting on May 16, 2022. The Business Manager's presentation and related budget information is below:
- 2022-2023 Proposed Final Budget Hearing Presentation Slides 05/16/2022
- 2022-2023 Proposed Final Budget Revenue Summary Detail 05/16/2022
- 2022-2023 Proposed Final Budget Object Summary Detail 05/16/2022
05/02/2022 - The Gettysburg Area School District Board of School Directors approved the 2022-2023 Proposed Final Budget at their regularly scheduled meeting on May 2, 2022. The Proposed Budget includes a 1.9% increase in the local real estate tax rate or 0.2110 mills which is less than the 4.0% Act 1 index for GASD or 0.4442 mills. The Business Manager's presentation and related budget information including the PDE 2028 form is below:
- 2022-2023 Proposed Budget Presentation Slides 05/02/2022
- 2022-2023 Proposed Budget on form PDE 2028 05/02/2022
- 2022-2023 Proposed Budget Summary of Major Budget Categories 05/02/2022
- 2022-2023 Proposed Budget Unassigned Fund Balance Worksheet 05/02/2022
- 2022-2023 Proposed Budget Tax Impact Chart 05/02/2022
04/19/2022 - The Business Manager, Belinda Wallen, provided a 2022-23 Budget Information Presentation to the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting on April 19, 2022. The presentation is below:
04/04/2022 - The Business Manager, Belinda Wallen, provided a 2022-23 Budget Information Presentation to the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting on April 4, 2022. The presentation is below:
03/21/2022 - The Business Manager, Belinda Wallen, provided a 2022-23 Preliminary Budget Variables Presentation to the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting on March 21, 2022. The presentation is below:
02/07/2022 - The Gettysburg Area School District Board of School Directors heard a presentation from its independent auditors, Smith Elliott Kearns & Company LLC, at its regular meeting on February 7, 2022. The auditors noted that their report for 2020-21 includes an unqualified opinion, meaning no material differences were found and the District's financial statements are presented in accordance with generally accepted accounting principles. The Board also approved the Board Fiscal Management Resolution. The resolution is below:
01/18/2022 - The Gettysburg Area School District Board of School Directors reviewed and discussed the Board Fiscal Management Resolution (multi-year budget resolution) at its regularly scheduled meeting on January 18, 2022.
12/06/2021 - The Gettysburg Area School District Board of School Directors approved a Resolution not to exceed the tax rate index (Opt-Out Resolution) at its regularly scheduled meeting on December 6, 2021. The 2022-23 Act 1 index for GASD is 4.0%. The resolution is below:
The Board also reviewed and discussed the Board Fiscal Management Resolution (multi-year budget resolution).
11/18/2021 - The Gettysburg Area School District Board of School Directors Finance and Facilities Sub-Committee reviewed a draft of the multi-year budget resolution. The resolution will be shared as an information item at the December 6, 2021 Board meeting.
11/01/2021 - The Gettysburg Area School District Board of School Directors discussed the budget process and worked on developing a multi-year budget resolution at its regular meeting on November 1, 2021. Key variables to consider in a budget resolution were presented and discussed. The information is below:
09/07/2021 - The Gettysburg Area School District Board of School Directors received the 2022-2023 Budget Timeline at its regularly scheduled meeting on September 7, 2021. The dates listed on the timeline are subject to change.
2021-2022 Budget
06/07/2021 - The Gettysburg Area School District Board of School Directors approved the 2021-2022 final budget at their regularly scheduled meeting on June 7, 2021 The 2021-2022 Approved Final Budget includes a 0.79% increase in the local real estate tax rate or 0.087 mills. The increase is less than the 3.5% Act 1 index for GASD or 0.3856 mills. The 2021-2022 Approved Final Budget local real estate tax rate is 11.1057 mills. The approved final budget information is listed below:
- 2021-2022 Approved Final Budget Resolution 06/07/2021
- 2021-2022 Approved Final Budget Tax Resolution 06/07/2021
- 2021-2022 Approved Final Budget Homestead/Farmstead Resolution 06/07/2021
- 2021-2022 Approved Final Budget on PDE Form 2028 06/07/2021
- 2021-2022 Approved Final Budget Summary of Major Budget Categories 06/07/2021
- 2021-2022 Approved Final Budget Revenue Summary 06/07/2021
- 2021-2022 Approved Final Budget Function Summary Detail 06/07/2021
- 2021-2022 Approved Final Budget Object Summary Detail 06/07/2021
- 2021-2022 Approved Final Budget Tax Impact Chart 06/07/2021
- 2021-2022 Approved Final Budget Unassigned Fund Balance Worksheet 06/07/2021
Prior to Board approval the Final Budget documents posted previously are below:
- 2021-2022 Superintendent's Final Budget Slide Presentation 06/07/2021
- 2021-2022 Final Budget Resolution 06/07/2021
- 2021-2022 Final Budget Tax Resolution 06/07/2021
- 2021-2022 Final Budget Homestead/Farmstead Resolution 06/07/2021
- 2021-2022 Final Budget Summary of Major Budget Categories 06/07/2021
- 2021-2022 Final Budget Unassigned Fund Balance Worksheet 06/07/2021
- 2021-2022 Final Budget Tax Impact Chart 06/07/2021
- 2021-2022 Final Budget Revenue Summary 06/07/2021
05/17/2021 - The Gettysburg Area School District Board of School Directors held a 2021-2022 Proposed Final Budget Public Hearing at their regularly scheduled meeting on May 17, 2021. The Superintendent's presentation is below:
05/03/2021 - The Gettysburg Area School District Board of School Directors approved the 2021-2022 Proposed Final Budget at their regulary scheduled meeting on May 3, 2021. The Proposed Budget includes a 1.2% increase in the local real estate tax rate or 0.1322 mills which is less than the 3.5% Act 1 index for GASD or 0.3856 mills. The Superintendent's presentation and related budget information including the PDE 2028 form is below:
- 2021-2022 Proposed Budget Presentation Slides 05/03/2021
- 2021-2022 Proposed Budget on form PDE 2028 05/03/2021
- 2021-2022 Proposed Budget Summary of Major Budget Categories 05/03/2021
- 2021-2022 Proposed Budget Unassigned Fund Balance Worksheet 05/03/2021
- 2021-2022 Proposed Budget Tax Impact Chart 05/03/2021
04/19/2021 - The Superintendent of Schools, Dr. Jason Perrin, provided an update of the 2021-22 Budget to the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting April 19, 2021. The presentation is below:
- 2021-2022 Superintendent's Updated Budget Information (ESSER Funds Included) 04/19/2021
- 2021-2022 DRAFT Proposed Budget Summary of Major Budget Categories 04/19/2021
- 2021-2022 DRAFT Proposed Budget Unassigned Fund Balance Worksheet 04/19/2021
- 2021-2022 DRAFT Proposed Budget Tax Impact Chart 04/19/2021
04/06/2021 - The Superintendent of Schools, Dr. Jason Perrin, provided an update to the 2021-22 Preliminary Budget Variables Presentation to the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting April 6, 2021. The presentation is below:
03/15/2021 - The Superintendent of Schools, Dr. Jason Perrin, provided a 2021-22 Preliminary Budget Variables Presentation to the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting March 15, 2021. The presentation is below:
03/01/2021 - The Board heard a report from its independent auditors, Smith Elliott Kearns & Company LLC, at its regular meeting on March 1, 2021. The auditors noted that their report for 2019-20 includes an unqualified opinion, meaning no material differences were found and the the District's finacial statements are presented in accordance with generally accepted accounting principles.
01/19/2021 - The Gettysburg Area School District Board of School Directors approved a Resolution not to exceed the tax rate index (Opt-Out Resolution) at its regularly scheduled meeting January 19, 2021. The 2021-22 Act 1 index for GASD is 3.5%. The resolution is below:
10/15/2020 - The 2021-2022 Budget Calendar was distributed at the Finance and Facilities Board Sub-Committee meeting. The dates listed on the timeline are subject to change. It was noted the 2021-22 Act 1 Index is 3.5% and the District was not going to pursue any exceptions.
2020-2021 Budget
06/15/2020 - The Gettysburg Area School District Board of School Directors approved the 2020-2021 final budget at their regularly scheduled meeting on June 15, 2020. The 2020-2021 real estate tax rate will NOT change and will remain the same as the 2019-2020 rate, 11.0187 mills. The approved final budget information is listed below:
- 2020-2021 Approved Final Budget Resolution 06/15/2020
- 2020-2021 Approved Final Budget Tax Resolution 06/15/2020
- 2020-2021 Approved Final Budget Homestead/Farmstead Resolution 06/15/2020
- 2020-2021 Approved Final Budget on PDE Form 2028 06/15/2020
- 2020-2021 Approved Final Budget Summary of Major Budget Categories 06/15/2020
- 2020-2021 Approved Final Budget Revenue Summary 06/15/2020
- 2020-2021 Approved Final Budget Object Summary Detail 06/15/2020
- 2020-2021 Approved Final Budget Tax Impact Chart 06/15/2020
- 2020-2021 Approved Final Budget Unassigned Fund Balance Worksheet 06/15/2020
- 2020-2021 Recommended Final Budget Presentation 06/15/2020
- 2019-2020 Estimated (Cost)/Savings Worksheet Due to COVID 19 Closure 06/15/2020
06/01/2020 - The Gettysburg Area School District Board of School Directors discussed the 2020-2021 Budget at their regularly scheduled meeting on June 1, 2020. The Superintendent's presentation and related budget information is below:
- 2020-2021 Superintendent's DRAFT Final Budget Presentation slides 06/01/2020
- 2020-2021 DRAFT Final Budget Summary of Major Budget Categories 06/01/2020
- 2020-2021 DRAFT Final Budget Unassigned Fund Balance Worksheet 06/01/2020
05/18/2020 - The Gettysburg Area School District Board of School Directors held a Public Budget Hearing at the beginning of their regulary scheduled meeting on May 18, 2020. The Superintendent's presentation is below:
05/04/2020 - The Gettysburg Area School District Board of School Directors approved the 2020-2021 Proposed Budget at their regularly scheduled meeting May 4, 2020. The Proposed Budget includes a 0.80% increase in the local real estate tax rate or 0.0881 mills which is less than the 2.6% Act 1 index for GASD or 0.2864 mills. The Superintendent's presentation and related budget information including the PDE 2028 form is below:
- 2020-2021 Proposed Budget Presentation Slides 05/04/2020
- 2020-2021 Proposed Budget on form PDE 2028 05/04/2020
- 2020-2021 Proposed Budget Summary of Major Budget Categories 05/04/2020
- 2020-2021 Proposed Budget Unassigned Fund Balance Worksheet 05/04/2020
04/27/2020 - The Superintendent of Schools, Dr. Jason Perrin, reviewed the 2020-21 Preliminary Budget Presentation with the Gettysburg Area School District Board of School Directors at a scheduled meeting April 27, 2020. The presentation is below:
04/20/2020 - The Superintendent of Schools, Dr. Jason Perrin, reveiwed the 2020-21 Preliminary Budget Presentation with the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting April 20, 2020. The presentation is below:
04/06/2020 - The Superintendent of Schools, Dr. Jason Perrin, provided a 2020-21 Preliminary Budget Presentation to the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting April 6, 2020. The presentation is below:
02/03/2020 - The Board heard a report from its independent auditors, Stambaugh Ness, at its regular meeting on February 3, 2020. The auditors noted that their report for 2018-19 includes an unqualified opinion, meaning no material differences were found and that the District's financial statements are presented in accordance with generally accepted accounting principles.
12/03/2019 - The Gettysburg Area School District Board of School Directors approved a Resolution not to exceed the tax rate index (Opt-Out Resolution) at its regularly scheduled meeting December 3, 2019. The 2020-21 Act 1 index for GASD is 2.6%. The resolution is below:
10/17/2019 - The 2020-21 Budget Calendar was distributed at the Finance and Faciliities Board Sub-Committee meeting:
2019-2020 Budget
06/17/19 - The Gettysburg Area School District Board of School Directors approved the 2019-20 final budget at their regularly scheduled meeting at 7:00PM on Monday, June 17, 2019, in the Administration Building Board Room located at 900 Biglerville Road, Gettysburg, PA. The approved final budget information is listed below:
- 2019-20 Approved Final Budget Resolution 06/17/19
- 2019-20 Approved Final Budget Tax Resolution 06/17/19
- 2019-20 Approved Final Budget Homestead/Farmstead Resolution 06/17/19
- 2019-20 Approved Final Budget on PDE Form 2028 06/17/19
- 2019-20 Approved Final Budget Summary of Major Budget Categories 06/17/19
- 2019-20 Approved Final Budget Revenue Summary 06/17/19
- 2019-20 Approved Final Budget Object Summary Detail 06/17/19
- 2019-20 Approved Final Budget Tax Impact Chart 06/17/19
- 2019-20 Approved Final Budget Unassigned Fund Balance Worksheet 06/17/19
- 2019-20 Recommended Final Budget Presentation 06/17/19
06/03/19 - The Gettysburg Area School District had a Public Budget Hearing at the beginning of their regulary scheduled meeting on June 3, 2019. The presentation is below:
The Gettysburg Area School District Proposed Budget Vision Newsletter mailed to residents is below:
05/06/19 - The Gettysburg Area School District Board of School Directors approved the 2019-20 Proposed Budget at their regularly scheduled meeting May 6, 2019. The Proposed Budget includes a 1.18% increase in the local real estate tax rate or 0.1287 mills which is less than the 2.3% Act 1 index for GASD or 0.2509 mills. The Superintendent's presentation and related budget information including the PDE 2028 form is below:
- 2019-20 Proposed Budget Presentation Slides 05/06/19
- 2019-20 Proposed Budget on form PDE 2028 05/06/19
- 2019-20 Proposed Budget Handbook 05/06/19
- 2019-20 Budget Related Memo - Capital Plan HS Major Mechanical 04/26/19
04/15/19 - The Gettysburg Area School District Board of School Directors received a 2019-20 budget update at their regularly scheduled meeting April 15, 2019. The presentation is below:
04/01/19 - The Superintendent of Schools, Dr. Jason Perrin, provided a 2019-20 Draft Budget Presentation to the Gettysburg Area School District Board of School Directors at its regularly scheduled meeting April 1, 2019. The presentation and related budget information is below:
- 2019-20 Draft Budget Presentation Slides 04/01/19
- 2019-20 Draft Budget Summary of Major Budget Categories 04/01/19
- 2019-20 Draft Budget Unassigned Fund Balance Worksheet 04/01/19
- 2019-20 Draft Budget Special Budget Request Summary 04/01/19
01/22/19 - The Gettysburg Area School District Board of School Directors approved a Resolution not to exceed the tax rate index (Opt-Out Resolution) at its regularly scheduled meeting January 22, 2019. The 2019-20 Act 1 index for GASD is 2.3%. The resolution and other preliminary budget related information are below. The final 2017-18 independent audit report was distributed and is now posted to the District's website under local audit information.
- 2019-20 Act 1 Preliminary Budget Resolution not to Exceed Index 01/22/19
- 2019-20 Preliminary Budget Recommendation Superintendent Presentation 01/22/19
- 2019-20 Preliminary Budget Summary of Major Budget Categories 01/22/19
- 2019-20 Preliminary Budget Unassigned Fund Balance Worksheet 01/22/19
- 2019-20 Preliminary Budget Revenue Summary 01/22/19
01/07/19 - The Gettysburg Area School District Board of School Directors reviewed several significant items impacting the 2019-20 Preliminary Budget at its January 7, 2019 regular meeting. The 2019-20 Preliminary Budget information presentation is below:
The 2019-20 budget calendar is listed below:
The School District Glossary of Financial Terms is below:
12/17/18 - The Board heard a report from its independent auditors, Stambaugh Ness, at its regular meeting on December 17, 2018. The auditors noted that their report for 2017-2018 will include an unqualified opinion, meaning that no material differences were found and that the district's financial statements are presented in accordance with generally accepted accounting principles.
12/03/18 - At its December 3, 2018 regular meeting the Board reviewed and approved the Gettysburg Area School District Capital Improvement Program 5-Year Plan 2019-2020 through 2023-2024 booklet and authorized the administration to move forward with developing project specifications, bidding or other purchasing methods, and implementation of the 2019-20 detailed plan items as recommended by the Board Finance, Buildings & Grounds Sub-Committee. The booklet is listed below:
2018-2019 Budget
The Gettysburg Area School District Board of School Directors approved the 2018-19 final budget at their regularly scheduled meeting at 7:00PM on Monday, June 18, 2018, in the Administration Building Board Room located at 900 Biglerville Road, Gettysburg, PA. The approved final budget information is listed below:
- 2018-19 Approved Final Budget Resolution 06/18/18
- 2018-19 Approved Final Budget Tax Resolution 06/18/18
- 2018-19 Approved Final Budget Homestead/Farmstead Resolution 06/18/18
- 2018-19 Approved Final Budget on PDE Form 2028 06/18/18
- 2018-19 Approved Final Budget Summary of Major Budget Categories 06/18/18
- 2018-19 Approved Final Budget Revenue Summary 06/18/18
- 2018-19 Approved Final Budget Object Summary Detail 06/18/18
- 2018-19 Approved Final Budget Tax Impact Chart 06/18/18
- 2018-19 Unassigned Fund Balance Worksheet 06/18/18
- 2018-19 Final Budget Presentation 06/18/18
The Board held a Public Budget Hearing June 4, 2018 as part of its regularly scheduled meeting. The 2018-19 proposed final budget was reviewed and discussed. The presentation is posted below:
The annual Vision Budget Newsletter was mailed to residents around May 25, 2018. A copy of the newsletter is below:
The Board held a Public Budget Workshop May 21, 2018 following its regularly scheduled meeting. The 2018-19 proposed final budget was reviewed and discussed. The presentation is posted below:
The Board approved the 2018-19 proposed final budget at their regular meeting May 7, 2018. Related proposed final budget information is below:
- 2018-19 Proposed Final Budget Presentation 05/07/18
- 2018-19 Proposed Final Budget on PDE 2028 Form 05/07/18
- 2018-19 Proposed Final Budget Summary of Major Categories 05/07/18
The Board held a Public Budget Workshop April 16, 2018 following its regularly scheduled meeting. The 2018-19 Budget Handbook and Superintendent's recommendation for the Proposed Final Budget were reviewed and discussed. Related handouts and budget information is posted below:
- 2018-19 Public Budget Workshop Presentation 04/16/18
- 2018-19 Proposed Final Budget recommendation memo with related handouts 04/16/18
- 2018-19 Capital Funding Summary 04/16/18
- 2018-19 Special Budget Request Summary 04/16/18
- 2018-19 Public Handbook Budget 04/16/18
The Board reviewed the 2018-19 budget tax rate index implications vis-à-vis Preliminary Budget information and adopted a Resolution not to exceed the tax rate index (Opt-Out Resolution) at their regular meeting January 22, 2018. The 2018-19 Act 1 index for GASD is 2.4%. The resolution and other preliminary budget related information are below. Additionally the Board approved the District's Capital Improvement Program 5-Year Plan 2018-19 through 2022-23 booklet and authorized the administration to move forward with developing project specifications, bidding or other purchasing methods, and implementation of the 2018-19 detailed capital plan items.
- Glossary of School District Financial Terms 01/12/18
- 2018-19 Act 1 Preliminary Budget Resolution not to Exceed Index 01/22/18
- 2018-19 Preliminary Budget Recommendation Superintendent Presentation 01/22/18
- 2018-19 Preliminary Budget Information and Recommendation Superintendent Memo 01/16/18
- 2018-19 Preliminary Budget Document A-Summary of Budget Categories 01/11/18
- 2018-19 Preliminary Budget Document B-Unassigned Fund Balance Worksheet 01/11/18
- 2018-19 Preliminary Budget Document C-Revenue Summary 01/11/18
- 2018-19 thru 2022-23 Capital Improvement Program 5 Year Plan Superintendent Memo 01/16/18
- Capital Funding Summary at 06/30/17 with 2017-18 and 2018-19 plans 01/09/18
- 2018-19 thru 2022-23 Capital Improvement Program 5 Year Plan Booklet 01/05/18
The 2018-19 budget calendar is listed below.
The Board heard a report from its independent auditors, Stambaugh Ness, at their regular meeting on December 18, 2017. The auditors noted that their report for 2016-2017 includes an unqualified opinion, meaning that no material differences were found and that the district's financial statements are presented in accordance with generally accepted accounting principles. The results show that Unassigned Fund Balance increased by $1,644,778. This was due primarily from revenues being $1,999,418 more than budgeted (3.5%) and expenses being $2,340,592 less than budgeted (3.8%). Those differences more than offset the shortfall in the approved budget.
2017-2018 Budget
The Gettysburg Area School District Board of School Directors approved the 2017-18 final budget at their regularly scheduled meeting at 7:00PM on Monday, June 12, 2017, in the Administration Building Board Room located at 900 Biglerville Road, Gettysburg, PA. The approved final budget information is listed below:
- 2017-18 Approved Final Budget Resolution 06/12/17
- 2017-18 Approved Final Budget Tax Resolution 06/12/17
- 2017-18 Approved Final Budget Homestead/Farmstead Resolution 06/12/17
- 2017-18 Approved Final Budget on PDE Form 2028 06/12/17
- 2017-18 Approved Final Budget Summary of Major Budget Categories 06/12/17
- 2017-18 Budget Change Summary 06/12/17
- 2017-18 Approved Final Budget Revenue Summary 06/12/17
- 2017-18 Approved Final Budget Object Summary Detail 06/12/17
- 2017-18 Approved Final Budget Payroll & Benefits Summary 06/12/17
- 2017-18 Approved Final Budget Tax Impact Chart 06/12/17
- 2017-18 Unassigned Fund Balance Worksheet Options 06/12/17
- 2017-18 Approved Final Budget Fund Balance Worksheet 06/12/17
- 2017-18 Budget Fast Facts 06/12/17
The 2017-18 Proposed Budget Vision Newsletter which will be mailed to Gettysburg Area School District residents and taxpayers next week is posted below:
The Board held a Public Budget Hearing on May 15, 2017 for the 2017-18 proposed budget, the meeting handout/presentation and the Business Manager's notes are posted below:
- 2017-18 Proposed Budget Hearing Presentation/Handout 05/15/17
- 2017-18 Proposed Budget Hearing Business Manager Notes 05/15/17
The Board approved the 2017-18 proposed budget at their regular meeting on May 1, 2017. The 2017-18 proposed budget on PDE Form 2028 is below:
The Board held a Public Budget Workshop on May 1, 2017 to discuss the 2017-18 proposed budget, the handouts from the meeting are below:
- 2017-18 Proposed Budget Object Summary 05/01/17
- 2017-18 Proposed Budget Tax Impact Chart 05/01/17
- 2017-18 Proposed Budget Revenues 05/01/17
- 2017-18 Proposed Budget Object Summary Detail 05/01/17
- 2017-18 Proposed Budget Fund Balance Limit Impacts Workforward 05/01/17
The Board held a Public Budget Workshop on April 10, 2017 to discuss the 2017-18 budget, the handouts from the meeting are below:
The Board held a Public Budget Workshop on March 28, 2017 to discuss the 2017-18 budget, the handouts from the meeting are below:
- 17-18 Public Budget Workshop Agenda 03/28/17
- 17-18 Public Budget Workshop Slide Presentation 03/28/17
- 17-18 Public Handbook Budget 03/28/17
- 17-18 Special Budget Request Summary 03/28/17
- 17-18 Public Budget Workshop Transportation Info Handout 03/28/17
The Board did not authorize filing the appropriate documents to PDE for approval to use Act 1 exceptions for the 2017-18 budget at their regular meeting on February 21, 2017.
The Board held a Public Budget Workshop on February 21, 2017 to discuss the 2017-18 budget, the handouts from the meeting are in the file below:
The Board approved the 2017-18 Preliminary Budget at their regularly scheduled meeting February 6, 2017. A copy of the approved preliminary budget including PDE 2028 are below:
- 17-18 Approved Preliminary Budget on PDE 2028 Form 02/06/17
- 17-18 Approved Preliminary Budget Object Summary 02/06/17
- 17-18 Approved Preliminary Revenue Budget 02/06/17
A copy of the draft preliminary budget on form PDE 2028 and the official notice are below:
- 17-18 Preliminary Budget Notice 01/18/17
- 17-18 DRAFT Public View Preliminary Budget on PDE 2028 Form 01/18/17
The Board did not approve the Budget Resolution certifying it would not increase any school district tax for the 2017-18 school year at a rate that exceeds the index as calculated by PDE at their regular meeting on January 17, 2017.
The Board held a public Budget Administrative Conference on January 17, 2017 to receive, review, and discuss the draft 2017-2018 Preliminary Budget projections, 2015-2016 financials, and future capital items. Related files are below:
- 17-18 DRAFT Preliminary Budget Object Summary 01/18/17
- 17-18 DRAFT Preliminary Revenue Budget 01/18/17
- 17-18 DRAFT 5 Year Capital Items Plan 01/18/17
The Board discussed the 2017-18 preliminary budget and tabled the Budget Resolution certifying it would not increase any school district tax for the 2017-18 school year at a rate that exceeds the index as calculated by the Pennsylvania Department of Education (PDE) at their regular meeting on December 19, 2016.
Note Parameters Resolution
The Gettysburg Area School District Board of School Directors plan to approve a Note Parameters Resolution (notice below) at their March 15, 2021 regularly scheduled meeting. A copy of the 03/01/2021 Board Refinancing Discussion Presentation by Lauren Stadel, Director-RBC Capital Markets, and the Notice of Meeting for Consideration of and Action upon a Proposed Resolution Authorizing the Incurrence of Nonelectoral Debt are below:
- GASD Refinancing Discussion Presentation 03/01/2021
- GASD Incurrence of Nonelectoral Debt Notice 03/05/2021
- GASD DRAFT Resolution to Refund 2017 Note 03/05/21
Notice Advertisement:
GETTYSBURG AREA SCHOOL DISTRICT
Adams County, Pennsylvania
NOTICE OF MEETING FOR CONSIDERATION OF
AND ACTION UPON A PROPOSED RESOLUTION AUTHORIZING
THE INCURRENCE OF NONELECTORAL DEBT
NOTICE IS HEREBY GIVEN that the Board of School Directors (the “Board”) of the Gettysburg Area School District (the “School District”) will hold a public meeting on Monday, March 15, 2021 at 7:00 p.m. Due to the COVID-19 social distancing protocol, the meeting will be held virtually in accordance with the Governor’s Declaration of a State of Emergency for the Commonwealth of Pennsylvania due to a public health emergency dated March 6, 2020, as amended. The public will be able to access the meeting through live streaming via a link that will be made available on the School District website.
Public comment will be taken by emailing pcomment@gasd-pa.org and can be submitted by 6:00 p.m. on Monday, March 15, 2021. Public comments received by that time will be read into the record. The Board meetings will be recorded and placed on the School District’s web site.
The meeting is being held for the purpose of considering and acting upon a proposed resolution (the “Resolution”) authorizing the incurrence of nonelectoral debt by the School District and providing, among other things, as follows:
1. Authorizing the School District to incur nonelectoral debt pursuant to the Local Government Unit Debt Act, as amended (the “Act”), in an aggregate principal amount not to exceed $10,300,000, and to evidence such indebtedness by the issuance of its General Obligation Notes, Series of 2021 (the “Notes”). The Notes will be issued to finance the (a) current refunding of the School District’s General Obligation Note, Series of 2017 (the “Refunded Note”) (the “Refunding Program”) and (b) paying the costs and expenses related to the issuance of the Notes and possibly insuring the Notes if deemed financially advantageous.
2. Determining and stating that the purpose of the Refunding Program is to reduce debt service that would otherwise be payable on the Refunded Note.
3. Stating that the debt to be incurred through the issuance of the Notes is nonelectoral debt and that the Notes, when issued, will be general obligations of the School District.
4. Finding, after due consideration and investigation, that the School District may elect the Notes be purchased in a private sale by negotiation with RBC Capital Markets, LLC or be placed with a commercial bank and providing for such sale by accepting a proposal for the purchase of the Notes (the “Note Purchase Proposal”).
5. Authorizing and directing the President or Vice President of the Board of School Directors and the Secretary or Treasurer of the School District and their successors or assigns to prepare, certify and file a debt statement required by Section 8110 of the Act, to execute and deliver the Notes and to take all other action required by the Act or under the Resolution in connection with the issuance of the Notes.
6. Containing a covenant by the School District as required by the Constitution of Pennsylvania and by the Act, that the School District shall include in its budget for each fiscal year the amount of debt service on the Notes for each such fiscal year; that it shall appropriate such amounts from its general revenues for the payment of such debt service; that it shall duly and punctually pay or cause to be paid the interest on and principal of the Notes as the same shall become due; and that for such budgeting, appropriation and payment, the full faith, credit and taxing power of the School District is pledged.
7. Providing for the creation of a Sinking Fund for the Notes and the appointment of a Paying Agent and Sinking Fund Depository and authorizing the proper officers of the School District to enter into a contract with the Paying Agent and Sinking Fund Depository.
8. Providing for the form of the Notes and the terms thereof, including a schedule of principal maturities on a not to exceed basis and a maximum rate of interest for the Notes and authorizing various other terms of the Notes.
9. Authorizing the purchase of insurance for the Notes if deemed financially advantageous to the School District.
10. Authorizing the disbursement and application of the proceeds of the Notes to fund the costs of the Refunding Program and the costs and expenses related to the issuance of the Notes.
11. Authorizing the prepayment of the Refunded Note and providing for the deposit and pledge of funds with the Paying Agent for the Refunded Note, which will be sufficient to pay all remaining outstanding principal of and interest on the Refunded Note to the date of prepayment.
12. Providing for other matters in connection with the issuance and sale of the Notes.
A copy of the full proposed text of the Resolution summarized above may be examined by any citizen in the School District’s Administration Building located at 900 Biglerville Road, Gettysburg, Pennsylvania and on the website of the School District under Services – Business Office at /domain/74.
The Resolution will approve "not to exceed" parameters for certain details related to the Notes, including the principal amount of the Notes, the purchase price for the Notes, the final maturity schedule for the Notes, and the interest rates of the Notes. Under the Resolution currently on file, the Board delegates authority to the President or Vice President to enter into an Addendum to the Bond Purchase Proposal which specifies the final terms and conditions of the Notes (including actual interest rates and principal amounts) subject to said final terms meeting all of the parameters set forth in the Resolution.
The Resolution may be amended in such respects as the Board may deem appropriate.
If the Resolution is adopted, a notice of adoption thereof, including a summary of the omitted details, if any, and other details of the financing, if any, and also including any amendments to the Resolution made during final passage, if any, will be advertised after adoption and made available for examination by any citizen in accordance with the Act.
GETTYSBURG AREA SCHOOL DISTRICT
Belinda M. Wallen, Board Secretary and Business Manager
Bond Parameters Resolution
The Gettysburg Area School District Board of School Directors approved the Bond Parameters Resolution below at their May 18, 2020 regularly scheduled meeting.
Notice Advertisement:
GETTYSBURG AREA SCHOOL DISTRICT
Adams County, Pennsylvania
NOTICE OF ADOPTION OF RESOLUTION
AUTHORIZING THE INCURRENCE OF NONELECTORAL DEBT
NOTICE IS HEREBY GIVEN that at a public meeting held on May 18, 2020 the Board of School Directors of Gettysburg Area School District (the "School District") adopted a resolution (the "Resolution") authorizing the incurrence of nonelectoral debt by the School District in the maximum aggregate principal amount not to exceed $45,325,000 through the issuance of its General Obligation Bonds, Series of 2020 (the "Bonds"), for the purpose of: (1) financing various capital projects, as further described in the Resolution; and (2) paying the costs of issuing, and possible insuring, the Bonds.
The Resolution approves the sale of the Bonds at a private negotiated sale and accepts a proposal (the “Bond Purchase Agreement”) for the purchase of the Bonds from RBC Capital Markets, LLC (the “Underwriter”), at an aggregate price not less than 90% and not more than 130% of the principal amount of the Bonds (including the Underwriter’s discount for the Bonds), plus original issue premium (if any) for the Bonds, and less original issue discount (if any) for the Bonds), plus accrued interest (if any). Pursuant to the terms of the Resolution and Bond Purchase Agreement, the Bonds bear interest at rates not to exceed 6% per annum.
A summary of the Resolution was advertised on May 14, 2020 and the proposed text of the Resolution was available for inspection on the website of the School District under Services – Business Office at /domain/74 in accordance with the requirements of the Local Government Unit Debt Act of the Commonwealth of Pennsylvania, 53 Pa. Cons. Stat § 8001 et seq., as amended (the "Act").
A copy of the final text of the Resolution summarized above is on the website of the School District under Services – Business Office at /domain/74 and may be examined by any citizen.
The proceedings for the incurring of the above-referenced debt will be filed with the Pennsylvania Department of Community and Economic Development, Harrisburg, Pennsylvania on or after June 2, 2020.
GETTYSBURG AREA SCHOOL DISTRICT
Belinda Wallen, Board Secretary and Business Mananger
Below is a copy of the full proposed text of the Bond Parameters Resolution which is summarized in the notice advertisement below:
Proposed Bond Parameters Resolution
Notice Advertisement:
GETTYSBURG AREA SCHOOL DISTRICT
Adams County, Pennsylvania
NOTICE OF MEETING FOR CONSIDERATION OF
AND ACTION UPON A PROPOSED RESOLUTION AUTHORIZING
THE INCURRENCE OF NONELECTORAL DEBT
NOTICE IS HEREBY GIVEN that the Board of School Directors (the “Board”) of the Gettysburg Area School District (the “School District”) will hold a public meeting not less than three (3) nor more than thirty (30) days after the date of publication of this notice. Due to the Covid-19 pandemic, the meeting will be held virtually in accordance with the Governor’s Declaration of a State of Emergency for the Commonwealth of Pennsylvania due to a public health emergency dated March 6, 2020. The meeting is being held for the purpose of considering and acting upon a proposed resolution (the “Resolution”) authorizing the incurrence of nonelectoral debt by the School District and providing, among other things, as follows:
1. Authorizing the School District to incur nonelectoral debt pursuant to the Local Government Unit Debt Act, as amended (the “Act”), in an aggregate principal amount not to exceed $45,325,000, and to evidence such indebtedness by the issuance of its General Obligation Bonds (the “Bonds”). The Bonds will be issued to finance the costs of (a) financing various capital projects of the School District (the “Capital Improvement Program”) and (b) paying the costs and expenses related to the issuance of the Bonds and possibly insuring the Bonds if deemed financially advantageous.
2. Stating the estimated average useful life of the projects comprising the Capital Improvement Program and that the School District has obtained realistic cost estimates for such projects.
3. Stating that the debt to be incurred through the issuance of the Bonds is nonelectoral debt and that the Bonds, when issued, will be general obligations of the School District.
4. Finding, after due consideration and investigation, that a private sale of the Bonds by negotiation is in the best financial interest of the School District and providing for such sale by accepting a proposal for the purchase of the Bonds from RBC Capital Markets, LLC, which will be presented at the meeting (the “Bond Purchase Proposal”).
5. Authorizing and directing the President or Vice President of the Board of School Directors and the Secretary or Treasurer of the School District and their successors or assigns to prepare, certify and file a debt statement required by Section 8110 of the Act, to execute and deliver the Bonds and to take all other action required by the Act or under the Resolution in connection with the issuance of the Bonds.
6. Containing a covenant by the School District as required by the Constitution of Pennsylvania and by the Act, that the School District shall include in its budget for each fiscal year the amount of debt service on the Bonds for each such fiscal year; that it shall appropriate such amounts from its general revenues for the payment of such debt service; that it shall duly and punctually pay or cause to be paid the interest on and principal of the Bonds as the same shall become due; and that for such budgeting, appropriation and payment, the full faith, credit and taxing power of the School District is pledged.
7. Providing for the creation of a Sinking Fund for the Bonds and the appointment of a Paying Agent and Sinking Fund Depository and authorizing the proper officers of the School District to enter into a contract with the Paying Agent and Sinking Fund Depository.
8. Providing for the form of the Bonds and the terms thereof, including a schedule of principal maturities on a not to exceed basis and a maximum rate of interest for the Bonds and authorizing various other terms of the Bonds.
9. Authorizing the purchase of insurance for the Bonds if deemed financially advantageous to the School District.
10. Authorizing the disbursement and application of the proceeds of the Bonds to fund the costs of the Capital Improvement Program and the costs and expenses related to the issuance of the Bonds.
11. Providing for other matters in connection with the issuance and sale of the Bonds.
A copy of the full proposed text of the Resolution summarized above may be examined by any citizen on the website of the School District under Services – Business Office at /domain/74.
It is presently expected that the Board of School Directors meeting to consider the Resolution will be held at the regularly scheduled meeting on Monday, May 18, 2020 at 7:00 p.m. being held virtually as set forth in the first paragraph of this notice. If the Resolution is not adopted at the Monday, May 18th meeting, it will be considered at the following regularly scheduled meeting of the Board of School Directors on Monday, June 1, 2020 commencing at 7:00 p.m. Such meeting will be held either virtually or in-person at the School District’s Administration Building located at 900 Biglerville Road, Gettysburg, Pennsylvania. Such information as to how the June 1st meeting will occur will be made available to the public in advance of the meeting via the School District’s website. The Resolution may be considered for adoption at either of these two (2) meetings.
Public comment will be taken by emailing pcomment@gasd-pa.org and can be submitted by 6:00 p.m. on the Monday of each respective meeting date discussed in the paragraph above. Public comments received by that time will be read into the record. Public comments will be read into the record. The Board meetings will be recorded and placed on the School District’s web site.
The Resolution will approve "not to exceed" parameters for certain details related to the Bonds, including the principal amount of the Bonds, the purchase price for the Bonds, the final maturity schedule for the Bonds, and the interest rates of the Bonds. Under the Resolution currently on file, the Board delegates authority to the President or Vice President to enter into an Addendum to the Bond Purchase Agreement which specifies the final terms and conditions of the Bonds (including actual interest rates and principal amounts) subject to said final terms meeting all of the parameters set forth in the Resolution.
The Resolution may be amended in such respects as the Board may deem appropriate.
If the Resolution is adopted, a notice of adoption thereof, including a summary of the omitted details, if any, and other details of the financing, if any, and also including any amendments to the Resolution made during final passage, if any, will be advertised after adoption and made available for examination by any citizen in accordance with the Act.
GETTYSBURG AREA SCHOOL DISTRICT
Belinda M. Wallen, Board Secretary and Business Manager
Admission Tax Forms
Beginning July 1, 2023 and until further notice the admission tax effective collection rate is 2.60%.
Please note for regular golf courses the admission tax effective collection rate is 40% of the regular admission tax effective collection rate. Beginning July 1, 2023 and until further notice the regular golf course admission tax effective collection rate calculation is 0.0260 x 0.40 = 0.0104 or 1.040%. Admission tax forms and related information is listed below.
Prior Year Information: July 1, 2022 through June 30, 2023 the admission tax effective rate was 2.90%. The regular golf course admission tax effective collection rate calculation was 0.0290 x 0.40 = 0.01160 or 1.160%. July 1, 2020 through June 30, 2022 the admission tax effective rate was 3.10%. The regular golf course admission tax effective collection rate calculation was 0.0310 x 0.40 = 0.01240 or 1.240%. July 1, 2019 through June 30, 2020 the admission tax effective rate was 2.78%. The regular golf course admission tax effective collection rate calculation was 0.0278 x 0.40 = 0.01112 or 1.112%. July 1, 2018 through June 30, 2019 the admission tax effective collection rate was 2.46%. The regular golf course admission tax effective collection rate calculation was 0.02460 x 0.40 = 0.00984 or 0.984%; July 1, 2016 and June 30, 2018 the admission tax effective collection rate was 3.10%. The regular golf course admission tax effective collection rate calculation was 0.03100 x 0.40 = 0.01240 or 1.240%; and Prior to July 1, 2016 the admission tax effective collection rate was 5.00%. The regular golf course admission tax effective collection rate calculation was 0.0500 x 0.40 = 0.02000 or 2.000%.
FORMS and RELATED INFORMATION:
- Generic Admission Tax Notice Letter for July 1, 2023 and until further notice
- 24 Admission Tax Notice Generic Letter 230627.pdf
- Admission Tax Report - Blank for July 1, 2023 and until further notice
- 24_Admission_Tax_BLANK_Report_230627.pdf
- Admission Tax Report - Calculating for July 1, 2023 and until further notice
- 24_Admission_Tax_CALCULATING_Report_230627.xlsx
- Special 25 Line Admission Tax Report - Calculating for July 1, 2023 and until further notice
- Special 25 Line 24_Admission_Tax_CALCULATING_Report_230627.xlsx
- GASD Admission Tax Resolution of 1978
- gasd admission tax resolution of 19780612 150323.pdf
- Previous Generic Admission Tax Notice Letter for July 1, 2022 through June 30, 2023
- 23 Admission Tax Notice Generic Letter 220621a.pdf
- Previous Admission Tax Report - Blank for July 1, 2022 through June 30, 2023
- 23_Admission_Tax_BLANK_Report_220621a.pdf
- Previous Admission Tax Report - Calculating for July 1, 2022 through June 30, 2023
- 23_Admission_Tax_CALCULATING_Report_220621a.xlsx
- Previous Special 25 Line Admission Tax Report - Calculating for July 1, 2022 through June 30, 2023
- Special 25 Line 23_Admission_Tax_CALCULATING_Report_200621a.xlsx
- Previous Generic Admission Tax Notice Letter for July 1, 2020 through June 30, 2022
- 21 Admission Tax Notice Generic Letter 200619.pdf
- Previous Admission Tax Report - Blank for July 1, 2020 through June 30, 2022
- 21_Admission_Tax_BLANK_Report_200619.pdf
- Previous Admission Tax Report - Calculating for July 1, 2020 through June 30, 2022
- 21_Admission_Tax_CALCULATING_Report_200619.xlsx
- Previous Special 25 Line Admission Tax Report - Calculating for July 1, 2020 through June 30, 2022
- Special 25 Line 21_Admission_Tax_CALCULATING_Report_200619.xlsx