FY18 budget approved, scrap drive set for next week
June 15, 2017
At Tuesday evening’s meeting of the City and Borough Assembly, the operating budget for the new year was adopted.
The fiscal year begins July 1, and for the coming year will use about $457,311 in previous-year surpluses to cover the difference between revenues and expenditures. A number of critical capital expense items have made the borough's list of priorities this year, including exterior repairs to the Public Safety Building and swimming pool, and acquisition of a new excavator for the waste transfer facility.
Property tax rates will remain the same at 12.75 mills, and no increases or...
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