A Scary Preliminary 2019 Budget, But at Least It Calls for More Roads to be Repaved
It’s that scary time of year again - budget season!
The ghouls, goblins and skeletons were all there last night at the 2019 Budget Presentation. These guys greeted me at the door!
Interim Township Manager Micah Lewis and former Manager, Kurt Ferguson - now a consultant working for Newtown - presented some pretty scary numbers to the Board of Supervisors (BOS) throughout the night. Those numbers have to do with:
- unpredictable Earned Income Tax (EIT Definition)
- decreasing Real Estate Transfer Tax Definition
- alarmingly low predicted year-end General Fund Definition balance
- the looming shortfall in the debt service fund
I will post more information about these scary items in the next couple of weeks leading up to Halloween. Meanwhile, feel free to access the unofficial draft of the 2019 Budget here.
For now, I will focus on some good news: the budget includes a road paving program funded mostly from a PA Liquid Fuels Program Definition grant. The proposal is to repave 2.34 miles of roads in 2019. And the winners are:
That's it for now! Come back tomorrow for some more highlights - including video- from last night's Budget Presentation.
Posted on 16 Oct 2018, 12:55 - Category: Roads
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