Seven Fields budget holds line
Source:
Cranberry Eagle
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Published:
November 21, 2012
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SEVEN FIELDS — Borough council on Nov. 13 approved a budget for 2013 that holds the line on property taxes at 7 mills.
The final budget is unchanged from a preliminary version passed by council in October.
It projects more than $1.166 million in revenues next year with expenditures expected to top $1.220 million. 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.
Several projects are also earmarked for funds in the budget.
Among them are $300,000 for a road resurfacing program, $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.
Borough Manager Tom Smith told council he’s proud they once again kept taxes low.
“We’ve prepared a very prudent and conservative budget for our municipality,” he said. “Yet we’re still going to be able to complete necessary projects in 2013.”