Manchester Township 2017 Municipal Budget Analysis
The Manchester Township 2017 Municipal Budget shows a total budget of $33,906,697.45 with an increase from 2016. The breakdown includes categories like salaries, statutory debt, and operating expenses. The local levy reduced from 2016, and projected revenues indicate various sources contributing to the budget. Surplus history and analysis, employee health insurance costs, major expenses, and the use of surplus are also outlined, providing a detailed overview of the financial aspects of the municipal budget.
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MANCHESTER TOWNSHIP 2017 MUNICIPAL BUDGET
2017 Total Budget $33,906,697.45 Increase from 2016 $710,000 DOT Grant Broadway $325,000 DOT Grant Wilbur Increase Capital Imp. Increase in Salaries $250,000 $100,000 $893,000
2017 Municipal Budget Breakdown Categories Salaries 44% Other Statutory Debt 5% Operating 31% Operating Salaries Statutory 12% Other 8%
2017 LOCAL LEVY $21,169,901.45 Reduction from 2016 $76,381.70 Lowest municipal rate since 2013 (.6505) Increased Revenues Healthy 2016 Year End Surplus $5.755 Million
2017 PROJECTED REVENUES REVENUE 2017 (Projected) 2016 (Actual) 2015 (Actual) Host Community State Aid UCC Inspections Municipal Court DOT GRANTS Delinquent Taxes 1,050,000 3,217,467 1,050,000 950,000 450,000 575,000 800,000 1,059,997 3,217,467 1,105,840 976,336 471,052 325,000 957,751 873,163 3,217,467 825,529 756,467 381,550 0 1,220,998
SURPLUS HISTORY & ANALYSIS YEAR 6,000,000 5,000,000 4,000,000 3,000,000 YEAR 2,000,000 1,000,000 0 2016 2015 2014 2013 2012
HOW WE USE SURPLUS 2016 2015 SURPLUS BALANCE DECEMBER 31st 5,755,828.40 5,512,101.92 Used Towards Local Levy $2,750,00.00 $2,750,000.00 Surplus Balance Remaining $3,005,828.40 $2,762,101.92 Page 39 of Budget
2017 Employee Health Insurance 2017 2016 Gross Costs $5,150,000 Employee Share $550,000 Utility Share $600,000 Gross Costs Employee Share $360,000 $5,200,000 NET COSTS NET COSTS $4,840,000 $4,000,000 **In 2017, PBA enters tier 3 of Art. 78, while all other Unions are in tier 4.
2017 MAJOR EXPENSES 2017 EXPENSES (Projected) 2016 (Actual) Professionals 436,000 438,000 Debt Service 1,576,734 1,475,587 Social Security 1,300,000 1,047,463 PERS 854,200 807,721 PFRS 1,703,937 1,703,937 LOSAP 140,000 86,250 Capital Imp. Acct $500,000 $400,000
LEVY CAP BANK (Rainy Day Fund) CY 2015 CY 2016 CY 2017 $559,858 $861, 158 $1,115,480 TOTAL BANK $2,536,496 See Page 3B of Budget
UTILITIES East & West Eastern Side Water Total Budget $2,530,000 Biggest Change Paid off Bond for Purchase Purchasing Capital Items with the Debt Service ($450K) 8 vehicles Booster Pumps Fixed Base Meter Read Meter Guns Radios
UTILITIES East & West Eastern Side Sewer Total Budget $4,325,000 Reduction $300,000 Western Side Water Total Budget $2,800,000 Flat Budget Western Side Sewer Total Budget $2,735,000 Increased Budget $110K Increasing Debt Service and Repairs
2017 & BEYOND Whiting Fire Company New Tanker Truck Permanent Financing of Short Term Bonds 2008 and 2015 Capital Financing Utility Capital Improvements Pavement Plan Impending Town Re-Assessment Blue Collar Negotiations 2017 State Health Benefits Volatility
ADMINISTRATION GOALS 1. PUBLIC SAFETY
ADMINISTRATION GOALS 2. IMPROVE AGING INFRASTRUCTURE
ADMINISTRATION GOALS 3. SERVING THE NEEDS OF OUR WONDERFUL RESIDENTS Ms. Viola s 100th Birthday @ Senior Services 2016 Luau at Pine Lake
2017 BUDGET HIGHLIGHTS Reduction of Local Property Tax Levy Lowest Municipal Tax Rate since 2013 Increased Capital Improvement Account to $500K Decrease of Average Household Municipal Tax Continue Paving Plan Continue Systematic Replacement of Vehicles Continue Park Renovations Start Year with Healthy Surplus Continue with Manchester Day, Full slate of Concerts and Recreation Programs Continue our Senior Services
