Supervisors adopt 2019 Operating Budget and Fee Schedule

Date: December 12, 2018

At its last Regular Meeting of 2018 on December 10, the Ferguson Township Board of Supervisors adopted
the 2019 Operating Budget and the 2019 Schedule of Fees.

Final 2019 Operating Budget Adopted 12.10.18

The 2019 Ferguson Township Operating Budget provides for more than $12.7 million in expenditures in the General Fund.

Capital projects include $3.3 million in road projects, $5.66 million in buildings, $1.16 million in capital equipment, $498,000 in storm water mitigation and $336,500 in park projects.

The budget does not include any general tax increases, yet uses $974,000 in the existing fund balance to balance the budget.

Total governmental revenue is budgeted at $27.8 million (including $8.66 million in interfund transfers).  Total revenue includes $10.1 million for general taxes. The remaining revenue includes debt proceeds of $5 million for the 2019 - 2020 public works building and other capital needs. The remaining revenue comes from grants and operations.

The ending general fund balance is sufficient for current needs.

Resolution 2018-28 Schedule of Fees for 2019

Please refer to the 2018 Schedule of Fees until 2019. Thank you.