 For the 2011-12 school year the Chartiers Valley School Board did not apply for exceptions to exceed the Act 1 Index.Each year, the Chartiers Valley 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.A school district adopting the resolution may not apply for referendum exceptions or ask voters for a tax increase above the inflation index.