The Borough Assembly approved an ordinance in its first reading on Monday that would make adjustments to the borough's fiscal year 2021 budget for known changes.
If ordinance #2021-05 passes in three readings, it would transfer funds to the Property Development Fund and allocate money for a new E991 system, the Motor Pool Shop, and a wastewater project on Ira II St.
Earlier this year, Finance Director Jody Tow identified a surplus in the borough's General Fund and suggested the assembly transfer some of that surplus to the Property Development Fund. The ordinance would transfer $669,379 to the...
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