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Preliminary Budget Shows No Tax Increase

December 9, 2014

Preliminary Budget Shows No Tax IncreaseCouncil approved the preliminary budget for 2015 showing estimated expenditures of $3.4 million and holding the line on taxes. The current real estate millage rate is $5.75 mills, or $5.75 for each $1,000 of assessed property valuation. Approximate expenditures by percentage are: 59% – Emergency Services; 15% – Administration; 14% – Debt Services; 10% – Public Works; and 2% – Parks & Recreation.

The Borough does not levy a trash collection fee for our residents. Due to rate increases by DELCORA, the sewer fee will be increased by $25 a year to $320 per residential dwelling unit.

The preliminary budget is available at Borough Hall for public review and comment. Adoption of the final budget is set for Tuesday, December 23, 2014 at 7:00 PM.

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