Borough Approves $2.46M Budget for 2013

Newtown Borough Council on Tuesday approved a $2.46 million budget for 2013.

The budget keeps taxes flat for borough residents. The average borough household will continue to pay about $360 a year for municipal services.

The budget includes the following expenditures:

• General fund: $1,599,613
• Lighting fund: $48,401
• Fire tax fund: $83,519
• Street improvement fund: $91,499
• Ambulance fund: $10,430
• Capital expense/reserve fund: $60,515
• Capital traffic/lighting fund: $34,535
• Operating reserve fund: $390,445
• Grants fund: $5,000
• Motor license/liquid fuels: $152,770
• Recreation fund: $4,760

Click here to view the budget.