Supervisors adopt 2018 Operating Budget, Fee Schedule, Snow Removal Map

Date: December 12, 2017

At its last Regular Meeting of 2017 on December 11, the Ferguson Township Board of Supervisors adopted the following:

Final 2018 Operating Budget Adopted 12.04.17

The 2018 Ferguson Township budget provides for more than $12 million in expenditures in the General Fund.

Capital projects include $4.5 million in road projects, $800,000 in capital equipment and $300,000 in park projects.

The budget does not include any tax increases, yet uses $1 million in the existing fund balance to balance the budget.

Total revenue is budgeted at $17 million, including $10 million for general taxes. The remaining revenue includes debt proceeds of $3.75 million for 2018/2019 public works building and other capital needs. The remaining revenue comes from grants and operations.

The ending general fund balance is sufficient for long-term sustainability.

2018 Fee Schedule

2018 Taxes and Assessments

(the same as for 2017 except for an increase in the fire hydrant assessment fee of $.03 per lineal foot to a total of $.09 per lineal foot)

2018 Sidewalk Snow Removal Map

2018 Operating Budget

The 2018 Ferguson Township budget provides for $18 million in spending in capital projects and essential services.

Capital projects include $4.5 million in road projects, $800,000 in capital equipment and $300,000 in park projects.

The budget does not include any tax increases, yet uses $1 million in the existing fund balance to balance the budget.

Total revenue is budgeted at $17 million, including $10 million for general taxes. The remaining revenue includes debt proceeds of $3.75 million for 2018/2019 public works building and other capital needs. The remaining revenue comes from grants and operations.

The ending general fund balance is sufficient for long-term sustainability.

2018 Operating Budget Final Adopted Budget_12.11.17