LOWER GWYNEDD TOWNSHIP PROPOSED 2020 BUDGET & FISCAL PLAN
The Lower Gwynedd Township Board of Supervisors authorized the advertisement of the proposed Budget & Fiscal Plan for 2020 at their regular meeting held Tuesday, November 12, 2019. The budget can be found below and is also available for review at the Township Office during normal business hours.
LOWER GWYNEDD TOWNSHIP 2019 budget & fiscal plan
Spring House, PA- December 13, 2018
2019 BUDGET & FISCAL PLAN ADOPTED WITH NO TAX INCREASE
The Board of Supervisor’s approved the 2019 Budget and Fiscal Plan at their Regular Meeting held on December 11th, 2018. No tax increase was included in the 2019 budget. The millage rate will remain at 1.223. The General Fund Budget totals $8,596,090. Revenue derived from the Earned Income Tax will generate slightly more than 50% of General Fund receipts. Revenues from all funds total $15,609,924. This total does not include the three pension funds.
The Township voted to increase funding to the two volunteer fire companies for 2019 and will allocate $365,000 towards the two volunteer fire companies serving Lower Gwynedd. This amount includes revenues derived from the real estate fire tax and an additional contribution of $165,000 from the General Fund approved by the Board of Supervisors.
The Township Recreation Fund totals $561,676 and is used to maintain the Township’s extensive park and trail system and to offer different programs and events throughout the year.
There is no increase in sewer user charges proposed in the 2019 Sewer Fund Budget. The Sewer Fund totals $2,958,328, 30% of this total is paid to Ambler Borough for waste water treatment charges. The Township will continue an aggressive program to upgrade its aging sewer collection and conveyance system in 2019. This includes the televising and repair of aging sewer lines.
The Township has allocated $616,015 for the repaving of Township roads and various costs associated with such. Funds have also been allocated for a basin retrofit project, storm sewer repairs, and new equipment purchases among other things. Traffic Impact Funds in the amount $1,500,000 will be expended to widen culverts at the Spring House intersection with the assistance of the Multi-Modal Grant funding in the amount of $1,027,470. Reserved funds in the amount of $347,174 will also be expended for signal improvements with assistance through the Green-Light-Go Grant program in the amount of $136,000.
The 2019 Budget and Fiscal Plan are available on the Township’s website. Chairman, Kathleen Hunsicker thanked the staff for their hard work in preparing the 2019 Budget.
For Immediate Release
Budget & Fiscal Plan
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Lower Gwynedd Township
1130 N Bethlehem Pike
PO Box 625
Spring House, PA 19477
Phone: (215) 646-5302
Fax: (215) 646-3357