4% Tax Hike Approved In Proposed Hatboro-Horsham School Budget

HATBORO / HORSHAM TOWNSHIP, PA — The Hatboro-Horsham School Board has approved a proposed final 2025-2026 school budget that will include a 4 percent tax increase.

Director of Business Affairs Bill Stone said the proposed $136.3 million budget increases spending by 3.3 percent or $4.2 million. That will produce a shortfall of $3.5 million.

To make up that shortfall, the school board last week approved the 4 percent tax increase. The state's Act 1 index this year is 4 percent.

While the proposed budget has been approved, Stone said that this is not the final recommended real estate tax increase, and that percentage may go down when the final budget is considered for approval on June 16.

For the past few years, residents in Hatboro and Horsham — which make up the Hatboro-Horsham School District — have seen their taxes continue to rise.

For the 2024-2025 school budget, residents are paying 3.52 percent more in taxes.

That tax hike was the second highest since the Act 1 Index began. The district increased taxes by 3.68 percent the year before. The Act 1 Index for the 2024-2025 school year was 5.3 percent.

For the 2007-2008 school year, the tax increase was 3.09 percent, followed by 3.21 percent for the 2008-2009 school budget.

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Budget documents can be viewed on the district’s website under the school board tab/board docs, policies, agendas, and minutes/meetings/April 7, 2025/view the agenda/2025-2026 Budget Development-detailed Budget Review.