Independent School District • PA

Lower Merion School District

Public Bond Indebtedness, Interest Obligations & Debt Service Tax Pressure

98% Conf.

Tax Drift Index

55/ 100

Elevated Drift Risk

Lower Merion School District Bond Carrying Cost Briefing

MSRB EMMA Official Bond Filings & State Education AgencyAugust 2026

Lower Merion School District in Montgomery County, PA carries 380M in outstanding voter-approved capital bond indebtedness ($44,000/student), requiring an adopted millage rate of 1.180% to service ongoing facility and operational obligations.

M&O Rate: 1.0%I&S Debt Rate: 0.2%Combined Rate: 1.2%

Total Outstanding Bond Debt

$380.0M

Voter-Approved Capital Bonds

Debt Burden Per Student

$44,000

Among Top 5% Nationally

Student Enrollment

8,636

Active K-12 Student Population

Annual Debt Interest Service

$18.2M

Annual Interest & Sinking Outflow