LIMERICK – In a unanimous vote Tuesday night, Council supervisors marked the seventh consecutive year they will publicize a council budget that does not raise property taxes.

With supervisor Michael McCloskey absent, the remaining four supervisors all voted Tuesday to publicize the $25,007,364 draft budget presented by assistant manager and treasurer Beth DiPrete.

The milling rate accompanying the budget, 2,593 mills, remains the same as in 2016.

The budget spreadsheet that DiPrete reviewed with the council showed that real estate tax income of just $4 million is now outpaced by 511 taxes such as the earned income tax, which is expected to generate more than $6 million. .8 million in 2023.

Other sources of income include grants totaling $4.5 million;

Limerick council supervisors met on Tuesday.  (Picture from screenshot)
Limerick council supervisors met on Tuesday. (Picture from screenshot)

DiPrete said Limerick has a “fund balance” or fund surplus of about $7.5 million, and the spreadsheet suggests $3.5 million will be used to balance this year’s budget, which he calls for. spending $3.5 million more than the 2022 budget.

Spending-wise, the single largest cost to township taxpayers remains the police department, which will spend $5.8 million in 2023, closely followed by public works, which appears to be spending $5.6 million, on part due to $1.8 million budget for road improvements. Much of that spending will be paid for by the “liquid fuel” money that each municipality receives from the state as gasoline tax revenue.

General government spending for 2023 appears to cost $2.2 million, with another $1.8 million for emergency services.

What the budget won’t see is an increase in earned income taxes to pay for open space conservation.

On Election Day, a campaign bid calling for a 0.25% income tax hike to be imposed on open spaces was narrowly rejected by voters by a 2.3% margin.

Supervisor Linda Erwin expressed disappointment with that result.

“When I campaigned, I heard everyone saying they wanted more responsible development and a more open space,” Erwin said on Tuesday. “And so I supported that referendum.”

He added “I understand the purse strings are tight right now and maybe the timing on this wasn’t ideal. I just want the residents to know that we are still listening to you and that you want and deserve responsible development and it is not something we are going to pass up. We will continue to evaluate the projects and we will do what we can”.

The budget will be open for public inspection for 30 days before adoption next month.

Leave a Reply

Your email address will not be published. Required fields are marked *