Cherry Valley adopts 2024 budget with no tax increase
Cherry Valley Borough Council adopted its 2024 budget that maintains the current real estate tax rate of 1.5 mills.
The budget includes $46,745 in cash, checking accounts and investments, and $17,171 in estimated revenue, which includes $8,250 from taxes and $8,236 from the state liquid fuel tax. Total available funds are $63,916.
Expenses include $15,000 for road maintenance, $5,685 for general government and $2,00 for snow removal. Total estimated expenses are $23,485. Council adopted the budget Dec. 12.
