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Pen Argyl Borough Monthly Minutes | Archive

Tuesday 29th of November 2022 - Tentative Budget Adoption Agenda

 

Agenda - Special Council Meeting of Tuesday, November 29, 2022

 

Pledge of Allegiance:

 

Roll Call:

 

Visitors:

 

Discussion and Tentative Adoption of Year 2023 Budget: (NSM1)

                                    General Fund - $2,533,100.00

                                       Sewer Fund - $1,549,000.00

                                     Garbage Fund - $526,275.00

                                         State Fund - $303,669.00

                                    Reserve Fund - $3,298,604.00

Capitol Reserve Fund - $657,873.00

 

                                                   Tax Structure

                                Real Estate Tax Millage - 13 Mills (No tax increase)

                                                    Per Capita - $ 5.00

                              Local Services Tax (LST) - $52.00

                Real Estate Transfer Tax - 1% - Shared Equally with School District

                        Earned Income Tax - 1% - Shared Equally with School District

                          Sewer Rental Fee - $105.00 Minimum Quarterly Charge per Unit/10,000 Gallons

    (Increase of $3.00 Per Quarter) $13.50 per Thousand Gallon over 10,000 Gallons

                                  Garbage Fee - Garbage Fee Waived for year 2023

 

The Borough Assessment Valuation for 2023 is $66,817,200: 2022 was $66,969,800: 2021 was $67,093,100; 2020 was $67,029,500; 2019 was $67,113,200; 2018 was $67,092,500; 2017 was $67,572,400; and 2016 was $67,524,800. One (1) Mill equals $66,817.20; less 5% uncollectible, collectible amount is $63,476.34.

 

            Prior years Millage:  Years 2020 to present remain at 13 Mills.

 

            *Special Note:  Decrease in valuation, due to properties appealing their assessment. 

 

Millage Resolution and to suspend Residential Garbage Charges:

            Authorize Borough Manager to prepare Resolution for the fixing of tax rate and collection of annual tax for 2023. 

Authorize Solicitor to suspend residential garbage charges under Section 60-4D for the calendar year of 2023 for adoption at the Council Meeting of Tuesday, December 13, 2022.

 

 

 

Agenda - Special Council Meeting of Tuesday, November 29, 2022

Page Two

 

 

Buyback of two (2) weeks unused vacation:

 

Sanitation:

            Authorize Solicitor to prepare ordinance to amend sewer rates. 

 

 

Adjournment:

 

December Council Meeting & Final Adoption of Budget - Wednesday, December 13th - 7:00 P.M.

No Workshop for December

January Council Meeting – Tuesday, January 3, 2022 - 7:00 P. M.