 The School District Adjusted Index for the Franklin Area School District 2006-2007 through 2010-2011.For the 2011-12 school year, Franklin Area School Board did not apply for an exception to exceed the Act 1 Index.Each year, Franklin Area School Board has the option of adopting either 1) a resolution in January certifying they will not increase taxes above their index or 2) a preliminary budget in February.