Lower Frederick Township 2020 BUDGET PRESENTATION NOVEMBER 6, 2019 - PowerPoint PPT Presentation

Lower Frederick Township 2020 BUDGET PRESENTATION NOVEMBER 6, 2019

Budget Timeline  November 6 th : 2020 Manager’s Budget Presentation  November 26 th : Tentative Adoption of 2020 Budget  November 27 th : Budget available for public review at the township building  December 17 th : Final Adoption the 2020 Budget

2020 General Fund

Taxes Paid by Township Residents Total Taxes paid by a resident on a Home Assessed at $128,157.00 = $5,115.00 $128,157 is the average assessment for a property in Lower Frederick Perkiomen Valley School District Montgomery Lower 33.72/84.47% County Frederick $4,321 3.849/9.64% 2.35/5.89% $493 $301

Taxes Paid by Township Residents Millage Property Tax Percentage of Total Tax School District 33.72 $ 4,321.00 84.47% County 3.849 $ 493.00 9.64% Township 2.35 $ 301.00 2.35% *Based on a tax assessment of $128,157.00

Township Real Estate Taxes Average Household Township Taxes: $301.00 $26 $34 Taxes Township Fire Company Ambulance $241

2020 General Fund Revenue  Revenue  Revenue is flat  Restricted on revenue sources  Reduction in Cable TV Franchise fees  Earned Income Tax is increasing slowly  Increase in permit fees

Lower Frederick Revenue Real Estate Tax-Current 475,000.00 Real Estate Tax-Prior Year Real Estate Taxes Delinquent Real Estate - Fire Protection 825,000.00 Real Estate - Ambulance Real Estate Transfer Tax 5,000.00 Earned Income Tax 5,000.00 68,000.00 51,000.00 100,000.00 Revenue from taxes: $1,529,000 Revenue from other: $ 384,833 Total Expected Revenue 2020: $1,913,833

General Fund Expenses  Expenses  Employee and benefit costs are increasing  Cost of services are increasing  In 2020 we will work to evaluate our current insurance and other contracts to make sure we are spending wisely.

Expenses from 2016 to 2020 800000 700000 600000 500000 Building Inspection Roads & Bridges 400000 General Government Police 300000 200000 100000 0 2016 2017 2018 2109 2020

2020 Proposed Budgeted Expenditures $39,260 $42,800 $3,410 $43,000 $56,050 $100,360 $110,500 $720,796 $130,498 $384,461 $658,330 Police/Public Safety Public Works/Highways General Govt & Admin Fire Company Legal & Engineering Building Inspector & Zoning Health & Human Services Building Tax Collection Parks Emergency Management

2020 General Fund  In 2020 we plan on:  Purchasing a new Police Car  Paving the following roads:  Upper Portion of Schwenk Road  Second Ave  Woodside Ave  Evergreen Road  Board Room Acoustics  Replace HVAC Unit in Police Department  Sidewalk installation along Goshen Road

Lower Frederick Proposed Expenditures Budget Heading Expenditure Police/Public Safety $ 720,796 Public Works/Highways $ 658,330 General Govt & Admin $ 384,461 Fire Company $ 130,498 Legal & Engineering $ 110,500 Building Inspector & Zoning $ 100,360 Health & Human Services $ 56,050 Building $ 43,000 Tax Collection $ 42,800 Parks $ 39,260 Emergency Management $ 3,410 Total: $ 2,289,465

General Fund  Expected 2020 Revenue: $1,913,833.00  Expected 2020 Expenses: $2,289,465.00  Budget Deficit: $ 375,632.00

Revenue vs Expenses $1,950,000.00 $1,900,000.00 $1,850,000.00 $1,800,000.00 $1,750,000.00 Revenue $1,700,000.00 Expenses $1,650,000.00 $1,600,000.00 $1,550,000.00 $1,500,000.00 $1,450,000.00 2014 2015 2016 2017 2018

Sewer Budget

Sewer Income  1076 Sewer Customers  $175 per quarter  $700 per year  $753,200 Sewer Rent per Year  New Customers  EDU $7,405.26

Waster Water Treatment Plant  New Waste Water Treatment Plant has been running for over one year now.  Costs that are driving the WWT Plant budget are:  Utilities  Chemicals  Sludge Hauling  With the new WWT Plant our regulations from DEP have become stricter then with the old plant.  The effluent that is being discharged to the Perkiomen Creek meets or exceeds DEP regulations.

Sewer and Treatment Plant Expenses 2020 Sewer Expenses: $474,350 $55,000.00 $7,500.00 $76,050.00 Employees Engineering $50,000.00 Plant Operations $115,000.00 Sludge Hauling Legal Sanitary Sewer $168,800.00

Sewer Debt $600,000 $500,000 $400,000 $300,000 Interest Principal $200,000 $100,000 $0 Lower Frederick’s sewer debt payment is an average of $575,000/year

Total Expected Sewer Budget Expenditures 2020 Sewer Expenses Including Debt Service Payments: $1,049,178.00 $76,050.00 $50,000.00 Employees $288,828.00 Engineering Plant Operations $168,800.00 Sludge Hauling Legal Sanitary Sewer $115,000.00 Debt Principal Debt Interest $286,000.00 $7,500.00 $55,000.00

2020 Sewer Budget Revenue Expenses Grant $ 31,948 Employees $ 78,050 Sewer Rent $760,000 Engineering $ 50,000 Sewer Connection $110,000 Plant Operations $ 168,800 Interest $ 6,500 Sludge Hauling $ 115,000 Charges for Service $ 1,000 Legal $ 7,500 Sanitary Sewer $ 55,000 Debt Principal $286,000 Debt Interest $288,828 Total Revenue $909,448 Total Expenses $1,049,178 With current budget numbers the Sewer Budget will be a $139,730 deficit

Questions 2020 BUDGET PRESENTATION NOVEMBER 6, 2019