Seven Fields talks ’13 budget
Tax rate holds at same level
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Cranberry Eagle
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October 29, 2012
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SEVEN FIELDS — Borough council Monday night introduced a preliminary 2013 budget that holds the line on property taxes despite a three percent increase in revenues and expenditures.
Manager Tom Smith said the borough expects to bring in more than $1.166 million in revenues next year with expenditures expected to top $1.220 million. The property tax rate remains at 7 mills.
Council plans for a $53,000 deficit, which will be covered by a surplus in the borough’s water budget. After $56,000 is transferred from the water fund, council plans to have a surplus of about $3,000.
Smith told council about several projects in the capital reserve fund.
They include $300,000 for a road resurfacing program, which will include the paving of all borough-owned lots.
There also is $50,000 for the possible creation of a regional police department with Evans City, $20,000 for a community carnival in June and $10,000 for a new lawn mower.
Smith told council he’s proud they once again kept taxes the same, and that Seven Fields continues to do “what we’re supposed to do with taxpayer money.”
Council will vote on a final budget in November.



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