The ghouls, goblins and skeletons were all there last night at the 2019 Budget Presentation. These guys greeted me at the door!
Interim Township Manager Micah Lewis and former Manager, Kurt Ferguson - now a consultant working for Newtown - presented some pretty scary numbers to the Board of Supervisors (BOS) throughout the night. Those numbers have to do with:
- unpredictable Earned Income Tax (EIT Definition)
- decreasing Real Estate Transfer Tax Definition
- alarmingly low predicted year-end General Fund Definition balance
- the looming shortfall in the debt service fund
I will post more information about these scary items in the next couple of weeks leading up to Halloween. The budget itself should become available for public access soon after it is approved for advertising, which I expect will happen at the next BOS meeting on October 24, 2018.
For now, I will focus on some good news: the budget includes a road paving program.More about that here.