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Council moves to put budget on display

November 14, 2012

PUNXSUTAWNEY — Punxsutawney Borough Council approved the preliminary 2013 borough tax budget with no tax increase at Tuesday night’s meeting.
The motion to put the budget on display for 30 days was approved.

The council approved the following mileage rates with each mill being the equivalent of $0.10 on each $100 of assessed valuation, all under the authority of the Local Tax Enabling Act:

• 10.0 mills for The Borough General Purpose Fund.

• 0.90 mills for the Fire Department Fund, which includes equipment
operating expenses, public utilities for buildings and vehicle and equipment
maintenance.

• 0.60 mills for the Library Fund, which is used to maintain maintenance and upkeep of the library.

• 0.15 mills for the Pension and Retirement
Fund for borough employees.

• 0.15 mills for the Recreation Fund, which provides maintenance and upkeep of recreational facilities.

• 0.45 mills for the Street Improvement Fund, which makes improvements and maintains the roadways.

• 0.75 mills for the Street Light Fund, which makes sure streets are well lit, as well as highways.

A breakdown of the 2013 Punxsutawney Borough Budget is as follows:

GENERAL PURPOSE FUND

• Administration – $328,781

• Police Department – $737,458

• Codes and Zoning – $9,960

• Public Works Department – $292,480

• Special – $672,040

Total Expenditures and Revenues – $ 2,040,719

• Capital Improvement Account: Total balance and revenues – $ 44,325; total expenditures – $16,000 police dispatch and console; reserve– $28,325

• Capital Reserve Account Police Department– Total
balance and revenues – $9,779; total expenditures – $0;
reserve – $9,779

• Fire Department Fund – Total balances and revenues– $345,132; total expenditures – $85,000; reserve –
$260,132

• Library Fund – Total balances and revenues – $51,323; total expenditures–$ 51,300; reserve – $23

• Motor Fund – Total balances and revenues – $163,839; total expenditures – $151,500; reserve – $12,339.

• Parking Revenue Fund– Total balances and revenues – $14,618; total expenditures – $2,300; reserve– $12,318.

• Pension and Retirement – Total revenues – $13,089;
total expenditures – $12,900; reserve – $189.

• Recreation Fund – Total balance and revenues – $93,987; total expenditures – $10,400; reserve – $83,587.

• Street Improvements Fund – Total balance and revenues – $48,826; total expenditures – $36,000; reserve – $12,826.

• Street Light Fund – Total balance and revenues – $95,205; total expenditures – $70,000; reserve – $25,205.

The preliminary budget will be on display until the December council meeting.

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