Township of Mantua 2018 MUNICIPAL BUDGET Mayor Peter Scirrotto - - PowerPoint PPT Presentation

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Apr 09, 2024 8 likes •112 views

Township of Mantua 2018 MUNICIPAL BUDGET Mayor Peter Scirrotto Deputy Mayor Robert Zimmerman Committeeman John Legge Committeeman Shawn Layton Committeewoman Eileen Lukens SUMMARY Revenues 2018 Expenditures 2018 Surplus $1,250,000.00

SLIDE 1

Township of Mantua

2018 MUNICIPAL BUDGET

Mayor Peter Scirrotto Deputy Mayor Robert Zimmerman Committeeman John Legge Committeeman Shawn Layton Committeewoman Eileen Lukens

SLIDE 2

SUMMARY

Expenditures 2018

Salaries & Wages

$5,158,622.03

OE & Statutory

$6,671,469.41

Capital

$47,000.00

Debt Service

$1,328,457.00

Reserve for Uncollected Taxes

$1,041,495.81

Deferred Charges

$10,000.00

Total

$ 14,257,044.25 Revenues 2018 Surplus

$1,250,000.00

Local Revenue

$1,889,523.33 State Aid and Federal Grants $1,403,721.22

Delinquent Tax

$645,000.00

Local Taxes

$9,068,799.70

Total Revenue $ 14,257,044.25

SLIDE 3

2017-2018 Accomplishments

Entered into a Shared Service with Wenonah for a 10 year contract that will generate $350,000.00 Launch a new Website to enhance online services and improve resident communication with the Township Paved Fairview Drive and Weatherby Road Appointed a new Chief of Police, Promoted 2 Lts, and hired 3 new officers Named Jean & Ric Edelman as a Conditional redeveloper for the Ledden Property that was purchased by the Township in 2017. Implemented a weekly Community Service Program to combat litter Hosted our 1st Community Clean Up Day

SLIDE 4

Police 20% Public Works 6% Trash 8% Other 14% Insurance 19% Statutory 9% Debt Service 9% Utilities 4% Reserve Uncollected Taxes 8%

TOWNSHIP EXPENSES

SLIDE 5

PUBLIC WORKS DEPARTMENT $675,000

Reconstruction, Repaving and Patching of Roads
New Roof for existing Public Works Facility
Purchase of Medium Duty Dump Truck
New Roof for Senior Center

POLICE DEPARTMENT

$25,000

Upgrades to the Security System

PARKS DEPARTMENT

$55,000

Walking Path Lights
Playground Equipment
Irrigation System

TOTAL $755,000

2018 Capital Budget Highlights

SLIDE 6

$9,337,737.01 $9,068,799.70 $6,000,000.00 $7,000,000.00 $8,000,000.00 $9,000,000.00 $10,000,000.00

Amount Used in Budget Allowable Amount to be Raised by the CAP

$268,937 UNDER

PROPERTY TAX LEVY CAP

SLIDE 7

$11,504,927 $11,368,263 $8,000,000.00 $9,000,000.00 $10,000,000.00 $11,000,000.00 $12,000,000.00

Total Appropriated Total Available to Spend

$478,007 UNDER

APPROPRIATIONS LEVY CAP

SLIDE 8

Increase our Redevelopment efforts to foster

economic development and more ratable in the Township

Apply for Grant opportunities for the Revitalization

and Street scape of Main Street

GOALS for 2018

SLIDE 9

Assessed Value 2017 Tax Local Increase 2018 Tax Local Increase 100,000 130,000 150,000 180,000 *205,513 $14.66 $19.06 $21.99 $26.39 $30.02 250,000 $36.65 300,000 400,000 $43.98 $58.64

* Average Assessed Home

TAX IMPACT – Local Only

SLIDE 10

County 20% County Open Space 1% Local School District 30% Regional School 24% Local Open Space 1% Local 20% Fire 3% County Library 1% County County Open Space District School Regional School Local Open Space Local Fire County Library