Thursday, December 20, 2012
The tax millage for township residents will remain at 2.5 in 2013.
Municipal taxes for Newtown Township residents will remain flat in 2013. The Newtown Township Board of Supervisors on Wednesday approved a $11 million budget. The budget passed by a 3-2 vote with Phil Calabro and Rob Ciervo voting against it. The tax millage for township residents will remain at 2.5 in 2013. The budget leaves the municipality with approximately $820,000 in its fund balance. A large chunk of that fund balance -- $550,000 -- is the result of the planned sale of a township easement on a cellphone tower.
Thursday, November 29, 2012
The budget as drafted does not increase municipal property taxes for residents.
The Newtown Township Board of Supervisors on Wednesday voted to advertise an $11 million budget that would leave the municipality with approximately $820,000 in its fund balance. The budget does not increase municipal property taxes for residents. The budget has been revised from a version presented earlier this month. An $11 million budget that was presented on Nov. 14 would have left the township with about $36,000 in reserves. Township Manager Kurt Ferguson said the budget has been edited to reflect updated tax estimates as well as the sale of a township easement on a cellphone tower. The township will get $550,000 from that sale, he said. Plus, the revised budget contemplates not replacing the finance director when the current …
Wednesday, November 28, 2012
The Board of Supervisors meeting begins at 7:30 p.m. at the township Administration Building.
The Newtown Township Board of Supervisors will consider a 2013 budget at a meeting tonight. The meeting starts at 7:30 p.m. at the township Adminisration Building. Click here to view the full agenda. A draft of the township's budget that was presented by Township Manager Kurt Ferguson earlier this month would keep property taxes in the township flat for residents next year. However, in order to make the numbers work, $550,000 from township reserves would have to be used. The spending plan presented by Ferguson calls for $11 million in spending and would leave the township with about $36,000 in reserves. According to figures presented by Ferguson, the property tax millage for township residents would remain at 2.5 in 2013 if no changes are …
Thursday, November 15, 2012
Township Manager Kurt Ferguson presented a draft of the 2013 budget at a meeting Wednesday.
A draft of the township's budget would keep property taxes in the township flat for residents in 2013. However, in order to make the numbers work, $550,000 from township reserves would have to be used. Township Manager Kurt Ferguson presented the 2013 budget draft during a board of supervisors meeting Wednesday. It calls for $11 million in spending and would leave the township with about $36,000 in reserves. According to figures presented by Ferguson, the property tax millage for township residents would remain at 2.5 in 2013 if no changes are made to the draft budget. A resident with a property assessed at the township average of $37,459 would pay $94 in 2013, according to data posted by the Courier Times. According to Ferguson, earned …
Tuesday, November 13, 2012
The budget will be presented at Wednesday's Board of Supervisors meeting.
The 2013 budget for Newtown Township will be presented at Wednesday's Board of Supervisors meeting. The meeting begins at 7:30 p.m. at the township Administration Building. Click here to view the full agenda.
the VOICE
12:13 am on Friday, December 21, 2012
YEAH ! more ›