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Borough of Haddonfield 2010 Community Budget Briefing Jeffrey S. Kasko, Commissioner Sharon McCullough, Administrator July 22, 2010.

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Presentation on theme: "Borough of Haddonfield 2010 Community Budget Briefing Jeffrey S. Kasko, Commissioner Sharon McCullough, Administrator July 22, 2010."— Presentation transcript:

1 Borough of Haddonfield 2010 Community Budget Briefing Jeffrey S. Kasko, Commissioner Sharon McCullough, Administrator July 22, 2010

2 2010 Borough Budget Briefing 1. Budget Highlights 2. Budget Summary 3. Capital Plan Highlights 4. Budget Documents 5. Comments / Q&A 2

3 Budget Highlights 2009 Appropriations: $13,790, Appropriations: $13, Increase: $85,741 (.62%) (grants not included) 3

4 Budget Highlights Major Appropriations – 2010: Salary & wages - $4,607,811 Health benefits - $1,635,125 Reserve for uncollected taxes - $1,287,811 Debt service - $1,124,985 Library - $896,800 Cash for capital projects - $615,000 4

5 Budget Highlights Major Appropriations – 2010 Pensions - $785,945 Solid waste disposal - $360,000 Energy/fuel costs - $289,000 Social Security - $236,000 Workers comp. - $206,096 Casualty insurance - $190,586 5

6 Budget Highlights 2010 Appropriation Increases: Pension contributions – up 17% Debt service – up 17% Insurance/Comp/Health benefits – up 15.6% Reserve for uncollected taxes – up 5.5% 6

7 Budget Highlights 2010 Appropriation Cuts: Municipal court costs – down 31% Solid waste disposal – down 20.9% Social Security payments – down 7.45% Cash for capital projects – down 5.4% Library operations – down 5% Salary & wages – down 4.6% Energy/fuel costs – down 3% 7

8 Budget Highlights 2009 Non-property tax revenues: $4,921, Non-property tax revenues: $4,274,025 (includes surplus + misc. revenues, but not grants) 8

9 Budget Highlights Revenue Sources: State Aid Miscellaneous Revenues Grants (offset by appropriations) Surplus Funds, from prior years Delinquent taxes Property taxes 9

10 Budget Highlights Miscellaneous Revenues: Court fines Construction fees Parking meters Parking permits Other fees & permits Emergency service fees 10

11 Budget Highlights Miscellaneous Revenues con’t: Cable TV franchise fees DRPA funds Reserve of payment of bonds Interest & cost on taxes 11

12 Budget Highlights 2010 Anticipated Revenue Increases: None Some miscellaneous revenues are projected to be flat – approximately the same as last year 12

13 Budget Highlights 2010 Anticipated Revenue Decreases: State Energy Receipts tax – down 13.6% State Property Tax Relief aid – down 53.5% Surplus – down 13.8% Court fines – down 11.3% Construction fees – down 19.35% 13

14 Budget Highlights Salaries & Benefits /2010: Wages – $4.832m / $4.608m Pension costs – $671.5k / $786k Health Benefits – $1.38m / $1.63m 14

15 Budget Highlights Breakdown of employees – 2009/2010: Non-union permanent – 26 / 23 Police – 24 / 23 Public Works – 14 / 11 P/T permanent – 35 / 23 P/T crossing guards – 22 / 22 P/T recreation 15

16 Budget Summary 16

17 Budget Summary 17

18 Budget Summary Appropriations almost flat: Increase of $85,741 over last year*.62% over last year* Operational costs down 2% from last year * grants not included 18

19 Budget Summary Where savings are coming from: Outsourced trash collection Reduced leaf collection Reduced # of employees Reduced O/E Reduced court costs Reduced library appropriation No cost-of-living increases for police and non-union employees 19

20 Budget Summary Where spending increases are found: Public Works wages (contract 3.25%) Pension payments Benefit costs Debt service Public Works leak/clean-up 20

21 Budget Summary What are the biggest revenue challenges? Reduced state aid Reduced Misc. revenues Reduced surplus 21

22 Budget Summary Property tax calculation: Total appropriations $13,876,039 minus Anticipated revenues $4,274,025 = Amount to be raised by taxation $9,602,014 22

23 Budget Summary Increase per average assessment: $245,680: $78 $491,359: $156 $737,039: $235 23

24 Capital Plan Highlights 24 Total for current projects: $3.5 million Road improvements - $1.9 million Public Works facility/clean up - $1.2 million Fire Dept. equipment & gear - $225,000 Parking kiosks - $160,000 Water/Sewer utility replacement: $300, cash appropriation - $615, bond ordinance - $1,885,750

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34 2010 Borough Budget Briefing Comments Q&A 34


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