Township of Mantua 2018 MUNICIPAL BUDGET Mayor Peter Scirrotto Deputy Mayor Robert Zimmerman Committeeman John Legge Committeeman Shawn Layton Committeewoman Eileen Lukens
SUMMARY Revenues 2018 Expenditures 2018 Surplus $1,250,000.00 Salaries & Wages $5,158,622.03 OE & Statutory $6,671,469.41 Local Revenue $1,889,523.33 Capital $47,000.00 State Aid and Federal $1,403,721.22 Grants Debt Service $1,328,457.00 Delinquent Tax $645,000.00 Reserve for $1,041,495.81 Uncollected Taxes $9,068,799.70 Local Taxes Deferred Charges $10,000.00 Total $ 14,257,044.25 Total Revenue $ 14,257,044.25
2017-2018 Accomplishments Entered into a Shared Service with Wenonah for a 10 year contract that will generate $350,000.00 Launch a new Website to enhance online services and improve resident communication with the Township Paved Fairview Drive and Weatherby Road Appointed a new Chief of Police, Promoted 2 Lts, and hired 3 new officers Named Jean & Ric Edelman as a Conditional redeveloper for the Ledden Property that was purchased by the Township in 2017. Implemented a weekly Community Service Program to combat litter Hosted our 1 st Community Clean Up Day
TOWNSHIP EXPENSES Utilities Reserve 4% Uncollected Taxes 8% Debt Service 9% Statutory Police 9% 20% Insurance 19% Public Works 6% Trash Other 8% 14%
2018 Capital Budget Highlights PUBLIC WORKS DEPARTMENT $675,000 Reconstruction, Repaving and Patching of Roads • New Roof for existing Public Works Facility • Purchase of Medium Duty Dump Truck • New Roof for Senior Center • POLICE DEPARTMENT $25,000 Upgrades to the Security System • $55,000 PARKS DEPARTMENT Walking Path Lights • Playground Equipment • Irrigation System • TOTAL $755,000
PROPERTY TAX LEVY CAP $10,000,000.00 $9,337,737.01 $9,000,000.00 $9,068,799.70 $8,000,000.00 $268,937 UNDER $7,000,000.00 Amount Used in Allowable Amount to $6,000,000.00 Budget be Raised by the CAP
APPROPRIATIONS LEVY CAP $12,000,000.00 $11,504,927 $11,368,263 $11,000,000.00 $10,000,000.00 $478,007 UNDER $9,000,000.00 Total Total Available to $8,000,000.00 Appropriated Spend
GOALS for 2018 • Increase our Redevelopment efforts to foster economic development and more ratable in the Township • Apply for Grant opportunities for the Revitalization and Street scape of Main Street
TAX IMPACT – Local Only Assessed Value 2017 Tax Local 2018 Tax Local Increase Increase 100,000 $14.66 0 130,000 $19.06 0 150,000 $21.99 0 180,000 $26.39 0 *205,513 $30.02 0 250,000 $36.65 0 300,000 $43.98 0 400,000 $58.64 0 * Average Assessed Home
Where Do Your Taxes Go? Fire County Library 3% 1% County 20% Local 20% County Open Space 1% Local Open Space 1% Local School District Regional School 30% 24% County County Open Space District School Regional School Local Open Space Local Fire County Library
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