Chairman
Paulus opened the Public Hearing with respect to the review
of the Proposed 2006 Budgets. In that regard, Council began
its review with the 2006 Operating Budget, in particular,
the revenue portion of same.
The Township
Manager advised that surplus funds have been projected in
this Proposed Budget at a figure of $550,000. Mrs. Pudliner
noted that a more accurate figure will become available as
we draw nearer to the end of the year, but that the $550,000
figure is based on current revenues and anticipated revenues
in the year 2005.
With respect
to the Department for Taxes, it was determined that Public
Utility Realty Tax be increased from $2,300 to $3,200. Other
items in the Taxes Department remain the same. With respect
to the Department for Licenses and Permits, it was noted
that further review needs to be made by staff with respect
to anticipated beverage license permit fees which is projected
in the budget at $2,400. The Township Manager advised that
the Liquor Control Board would be contacted regarding this
matter. With respect to the line item for Park Permits, it
was determined that the proposed budget figure of $5,000
be reduced to $4,000. With respect to the line item for electrical
permits, Council determined to revise that line item by decreasing
same from $2,500 to $2,000. All the other line items in Licenses
and Permits remain the same.
At this
point in the meeting, Chairman Paulus determined to close
the Public Hearing at this time. The next scheduled continuation
of the Public Hearing on the Proposed Budgets will be held
Monday, October 17, 2005 at 7:00 P.M.