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No tax hike in proposed budget |
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Local Content -
Local News
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Written by Larry McGuire
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Wednesday, 11 November 2009 |
PUNXSUTAWNEY — As the taxpayers in the Borough of Punxsutawney continue to battle the tough economy, they learned from Monday's council meeting that there will be no increase in taxes for the coming year.
Borough Council President Susan Glessner reported that services will remain the same, and for next year, the borough plans to purchase some equipment.
"This is a testament and a compliment to our employees that there will be no tax increase once again for the coming year," she said.
The total expenditures and revenues are projected at $2,135,425.
Expenditures from the general purpose fund include:
• Administration — $433,740.
• Police Department — $728,395.
• Codes & Zoning — $9,700.
• Public Works — $344,585.
• Special — $619,005.
Glessner said the borough will be making several expenditures all without an increase in taxes.
Capital Improvement Account
Major Improvements/Public Works Equipment
• Total balance and revenues — $201,965.
• Street sweeper — $25,000.
• Borough car payoff — $7,800.
• Police breakroom & furniture — $15,000.
• Total expenditures — $47,800.
• Reserve — $154,165.
Capital Reserve Account
Police Department
• Total balance and revenues — $51,275.
• Total expenditures (purchase two new police vehicles) — $40,000.
• Reserve — $11,275.
Fire Department Fund
• Total balance and revenues — $420,950.
• Total expenditures — $76,800.
• Reserve — $344,150.
Library Fund
• Total revenues and balance — $37,195.
• Total expenditures — $35,500.
• Reserve — $1,695.
Motor Fund
• Total balance and revenues — $214,447
• Total expenditures — $153,500.
• Reserve — $60,947.
Parking Revenue Fund
• Total balance and revenues — $11,464.
• Total expenditures — $3,900.
• Reserve — $7,564.
Pension and Retirement
• Total revenues — $12,525.
• Total expenditures — $12,500.
Recreation Fund
Total balance and revenues — $121,174.
• Total expenditures — $20,500.
• Reserve — $100,674.
Street Improvements Fund
• Total balance and revenues — $53,945.
• Total expenditures — $51,000.
• Reserve — $2,945.
Street Light Fund
• Total balance and revenues — $118,550.
• Total expenditures — $61,550.
• Reserve — $57,000.
• Council approved a motion for an advertisement to place the preliminary 2010 borough budget on display for 30 days for public inspection.
• Council approved a motion for the advertisement to place the preliminary 2010 sewer budget on display for 30 days for public inspection.
• Council approved a motion for an advertisement to place proposed Ordinance 1091 for the levying of taxes on display for 30 days for public inspection.
Tax Millage Breakdown
• General Purpose Fund — 10.00 mills.
• Fire Department Fund — 0.90 mills.
• Library Fund — 0.45 mills.
• Pension and Retirement Fund — 0.15 mills.
• Recreation Fund — 0.30 mills.
• Street Improvements Fund — 0.45 mills.
• Street Light Fund — 0.75 mills.
• Total tax millage — 13.00 mills.
One mill is the equivalent of $0.10 on each $100 of assessed valuation.
The final budget will be voted on at the Dec. 14 borough council meeting.
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Last Updated ( Thursday, 12 November 2009 )
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