Pittsburgh Public School officials will recommend a tax increase in the 2026 budget as it continues to contend with an expected budget deficit.
During Monday’s business and finance meeting, Chief Financial Officer Ronald Joseph proposed a 4% millage increase, bringing the millage rate to 10.66.
That would result in an estimated increase in real estate tax revenue of $6.9 million. The additional funds would help drop an expected $25.7 million deficit to $18.8 million.
“Still not fully erasing our deficit, but it’s something that helps us to edge closer to sustainability,” Mr. Joseph said.
As things currently stand without a tax increase, Pittsburgh Public is projecting the “significant” $25.7 million deficit in 2026, Mr. Joseph said, which would drop its fund balance to $29.8 million. B