Courtesy of the Floor: None

Old Business: None

New Business:

1.) Public Hearing – Proposed 2008 Operating Capital Reserve, Liquid Fuels, Water and Sewer Budgets (Review and Discussion).

Chairman Paulus opened the Public Hearing relative to the Proposed 2008 Budgets. The Township Manager indicated that she would begin a review of the Budget with the Township’s General Fund and in particular the revenue portion of same. Council reviewed the Department for Taxes and determined that the figure for Earned Income Tax proposed at $500,000 would be revised to $475,000. This revision reduces Total Taxes from the proposed figure of $2,107,000 to $2,082,000.

With respect to the Department for Licenses and Permits, Council determined that Beverage Licenses would be revised from $2,500 to $3,700. Park Permits was decreased from $4,500 to $3,500. The line item for Permits-Other was reduced from $2,500 to $1,500. These revisions reduce the Proposed Revenues from Licenses and Permits from the figure of $56,500 to $55,700.

With respect to the Program titled Traffic Congestion Improvements, the Township Manager noted that this program retains money in escrow to be utilized toward the signalization of the Race Street/Willowbrook Road intersection. Additionally, the Township Manager noted that she is showing an appropriation of $50,000 in the year 2008 to retain monies in this Program for additional work such as the lighting of the intersection at Airport and Schoenersville Roads. Council acknowledged that the Program as set forth was acceptable to $13,000. The line item for Canal Project/DCED Grant was reduced from $10,000 to zero. With respect to Department Earnings, the Township Manager advised the Board that a new category has been added titled Transfer Liquid Fuels/Street Lighting in the amount of $45,000. Street Lighting is an appropriate expense for utilization of the Township’s Liquid Fuels Monies. The revisions to Department Earnings reduced the proposed $369,970 figure to $349,970. All the above reference revisions reduced total revenues from $2,918,470 to $2,872,670.

At this point in the meeting, Council reviewed the Expenditure portion of the Budget, in particular, the Department for Administration. Council’s Salaries were revised from $13,500 to $11,000. Building Inspections was revised from $15,000 to $13,000. The line item for Payroll Computer Service was revised from $2,000 to $2,500. The line item for Telephone was revised from $3,000 to $4,000. It was noted that EIT/OPT/BPT Tax Commission would need to be revised since the revenue portion of the Budget contained changes with respect to tax revenues.

At this point in the meeting, Council closed the Public Hearing relative to the 2008 Budget process. The hearing would be continued on Monday, October 29, 2007 at 7:00 P.M.

Courtesy of the Floor: None

Adjournment:

The meeting was adjourned at 8:00 P.M..

Respectfully submitted,

Sandra A. Pudliner
Township Manager