The Tyrone Area School Board plans to formally adopt the proposed 2026-27 general fund budget with a 4.9% tax increase at next Tuesday’s regular session meeting.

The budget’s total revenues are set at about $31.1 million, and expenditures total about $31.9 million, leaving the district with a projected overall deficit of $885,765.

With the proposed in­­crease, tax levies on real estate within the district will be set at 8.27 mills in Blair County, 31.83 mills in Centre County and 62.15 mills in Huntingdon County.

The board also plans to approve the 2026 Homestead/Farmstead exclusion resolution at next Tuesday’s meeting.

In Blair County, tax on a $100,000 property would be $431.76 for those who’ve qualified for the tax relief exclusion and $709.57 without the exclusion, Business Administrator Faith Swanson said.

In Centre County, tax on a $100,000 property would be about $266.48 for those who qualify for the exclusion and $544.29 without it, Swanson said.

In Huntingdon County, the only county to reach the full Act I Index this year, Swanson said tax on a $100,000 property would be about $504.04 and $781.85 without it.

In other business, the board plans to approve an employment contract appointing Derrick R. Soellner to the business administrator position effective July 1. The board previously accepted Swanson’s resignation from the position in February.

A resolution on the agenda seeks approval for Swanson to continue as the board’s secretary through June 30. A separate request will appoint Soellner as the board’s secretary for a term of July 1 through June 30, 2029.