Wednesday, November 23, 2011
Newtown Township Board of Supervisors looked at various portions of its preliminary 2012 budget at a budget workshop session on Nov. 21 to work down its tax increase for residents.
NEWTOWN SQUARE–At their second budget workshop session on Monday night, Newtown Township Board of Supervisors worked on paring down its projected 13.17 percent tax increase in the preliminary 2012 budget. According to Larry Fischer, special assistant to township manager Mike Trio, each percentage is approximately equaled to $36,000-$40,000 or about $474,000-$520,000 needed if the township were to bring the 13.17 percent tax increase down to zero. "This budget is a little aggressive on the revenue side and conservative on the expenses," said Fischer. The supervisors discussed several areas in the budget for potential savings to help reduce the tax increase burden for residents next year, including borrowing money for the Central Delaware …
39.9802
-75.40759
Newtown Township Municipal Building
209 Bishop Hollow Rd, Newtown Square, PA
/articles/newtown-supervisors-work-to-whittle-down-projected-13-tax-increase
1276762
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Monday, November 21, 2011
The Marple Township Board of Commissioners met on Tuesday morning to further discuss the 2013 budget.
BROOMALL–A few department heads from Marple Township made their case Tuesday morning before the Board of Commissioners as to why they asked for the amount they did in the 2013 general fund budget. Last week, the township projected a 7.2 percent tax increase. The general fund will fall short by about $1.1 million, according to officials. Based off of real estate taxes, the tax increase, trash pickup, the Paxon Hollow golf rates and sewer fees have a projected revenue of about $15.3 million. The township expects to spend about $16.3 million. In addition, various departments showed up on Tuesday to justify their budget requests. Fire Department "Trouble is that our other costs have skyrocketed," said Jim Capuzzi, president of the Broomall …
Thursday, November 3, 2011
Newtown Township administrators presented a preliminary rough draft of the 2012 budget, without accounting for the county ratables, to the Board of Supervisors at a budget workshop meeting on Nov. 2.
NEWTOWN SQUARE–A rough draft of Newtown Township's 2012 preliminary budget revealed a rough figure of an $800,000 shortfall at Wednesday night's budget workshop meeting. Larry Fischer, special assistant to Township Manager Mike Trio, clarified that the the proposed budget for next year did not reflect the countys ratables in the presented budget on Wednesday evening–which are expected to come in on Nov. 15–but stressed that the supervisors would have to look at the revenue side of the budget to close the gap. "Looking at this budget, you do not have an expense problem," said Fischer to the Board. "You can cut some expenses–it's not going to make a big difference unless you start lopping off a lot more people. You can cut supplies and do a …
39.9802
-75.40759
Newtown Township Municipal Building
209 Bishop Hollow Rd, Newtown Square, PA
/articles/800-000-shortfall-projected-in-newtown-s-2012-prelim-budget
1276762
/locations/5728630
Tuesday, October 25, 2011
Newtown Township Manager Mike Trio said the township may run out of funds as early as November at a supervisors meeting on Oct. 24.
NEWTOWN SQUARE–"We've been living on yesterday's earnings since 2008," said Larry Fischer, special assistant to Newtown Township Manager Mike Trio at a supervisors meeting on Monday evening. Fischer, who has been temporarily evaluating the township's finances and budgets with Trio, said the township won't expect to see tax revenues until mid-February to March of next year. By the end of March, Fischer said the township can expect to see about $3 million and pay back the $200,000 short-term loan from the township's capital improvement fund that was approved on Monday night. The Board of Supervisors approved, 4-1, for the authorization to permit a short-term loan of $200,000 from the capital improvement fund to the general fund for township …
39.9802
-75.40759
Newtown Township Municipal Building
209 Bishop Hollow Rd, Newtown Square, PA
/articles/reamainder-of-2011-budget-looking-very-slim-for-newtown
1276762
/locations/5686807
Wednesday, January 19, 2011
The Marple Newtown School District approved their $68 million preliminary 2011-2012 budget Jan. 18.
NEWTOWN SQUARE–The Marple Newtown School District approved their 2011-2012 preliminary budget Tuesday night with a 7.79 percent school tax increase. "It'll never happen," said school business administrator Joe Driscoll about the preliminary tax increase. Driscoll reassured that the percentage increase was simply what the district was proposing to the state. At the end of this year's budget process, Driscoll said that tax increase would "never be that high." According to Driscoll, the proposed $68 million budget will be submitted to the state, in which the state will then look over the budget to see if the district would be eligible for any exceptions or if any cuts will need to be made. Pennsylvania allows districts to go over the 1.4 …
39.982912
-75.379555
Robert C. Gauntlett Community Center
20 Media Line Rd, Newtown Square, PA
/articles/school-district-ready-to-submit-2011-2012-prelim-budget-to-state
1276846
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Wednesday, December 29, 2010
Newtown Township Supervisors were undecided with the initial 9.5 percent municipal tax increase, causing a majority to vote against the 2011 budget.
Newtown Square–Newtown Township Supervisors were set to adopt its 2011 preliminary budget Wednesday, which was approved earlier this month. But when it came down to vote for the proposed 9.5 percent tax hike, differing views were given among the board and a 3-1 vote against the budget was cast. "None of this stuff came up before we went into open," said George Wood (R-5th District) about the opinions that flared from other members of the board before voting on the budget. "To me, it's continuing political grandstanding." Scheduled to open to the public by 4 p.m., the Board of Supervisors were still in closed meeting 50 minutes later. Chairwoman Linda Houldin (R-6th District) was absent from the meeting due to medical conditions. Wood …
Tuesday, December 14, 2010
Commissioners pass a zero percent tax levy, cutting out a million-dollar project on municipal buildings.
Broomall–Just in time for the holidays, residents will be pleasantly surprised with an early holiday gift this year. Marple's Board of Commissioners adopted its 2011 budget Dec. 13 with a zero percent property tax increase, postponing the township's proposed $1 million renovation project. The zero percent increase will bring a sigh of relief to residents, who saw an approximate 14.7 percent tax hike last year. According to Board of Commissioners President Daniel Leefson (R-7th District), halting the municipal and library building renovation project helped significantly in lowering the tax levy. "A majority of our savings came in from turning down the half-million dollar grant to help us in building a new township building and library," …
Resident to see hike on property taxes; township employees to see hiring and salary freezes but contributions to health benefits remain the same.
Newtown Square–Newtown Township Board of Supervisors approved its preliminary 2011 budget at a special meeting Dec. 7, in which residents will see a 9.5 percent tax levy hike in property taxes next year. The average homeowner in Newtown Square will look to pay $54.62 more per year alone in municipal taxes. The average home in Newtown Square is assessed at $256,940. The township budget was raised from $7.1 million in 2010 to $7.5 million in 2011. Supervisor Joseph Catania (R-8th District) said the 2011 budget will call for an additional $316,295 over last year's real estate taxes. According to Sheldrake, two Department of Public Works employees who retired this past year will not be replaced, and the open position of a retired police …
george wood
9:07 am on Saturday, November 19, 2011
jennnifer. there is not the short fall that is reported. we are not tranferring funds from our liquid fuel account to pay legitmate expenses for which the funds are intended such as salaries and expenses for road crews etc. also take a look at the 2011 budget where over $500,000. has been deleted which negatively and incorrectly gives the appearance of over spending when that is not the case. more ›