Borough staff begins budget creation, no drastic changes

Borough Manager Steve Giesbrecht forecasted a “status quo” budget to the borough assembly last Monday.

“It’s a status quo budget meaning we’re not changing services,” Giesbrecht said. “We’re not going to offer more services. We’re not going to offer less services. We don’t expect to have to make major changes to mill rates or sales tax rates.”

The budget assumptions offer a guideline for department heads as they begin creating their fiscal year 2015 budgets.

In the FY 2015 budget, $200,000 is being transferred to a Property Development Fund—a new fund designed to capture depreciation in order...

 

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