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2014 Municipal BudgetTownship of Harrison

June 16, 2014

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2014 Budget Process

October – December 2013 Department Leaders submit 2014 budget requests Finance Team & Administrators review requests

January – February 2014 Administrators & Finance Team review & modify requests

February – June 2014 Finance Team inputs preliminary budget with modifications Preliminary budget is reviewed by Financial Advisors & Auditors Preliminary budget summary is reviewed with Administrators & Mayor May budget is introduced at Township Public Meeting

Public comments welcomed

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Where Your Tax Dollars GoBased on 2014 tax estimates

BudgetBreakdown

31.5% Harrison Twp. School

24.4% Clearview Regional

21.1% County Tax

1.5% County Open Space

3.0% Harrison Fire District

1.6% County Library

2.2% Municipal Open Space

14.7% Local Tax

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32%

25%

21%

2%3%1%2%

14%

Apportionment of Tax Levy – 2013 Actual

Harrison Twp. SchoolClearview RegionalCounty TaxCounty Open SpaceFire DistrictCounty LibraryMunicipal Open SpaceMunicipal Levy

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Local Tax Dollars Pay For…

14.76%

Police & Public Safety

Public Works Services

General Municipal Services

Trash & Recycling Collection & Disposal

Recreational Maintenance & Upkeep

Various Boards & Commissions

Capital Improvement Projects

* All of these services are provided through your total property tax bill

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2014 Capital ProjectsIncluded in this budget…

Construction of New Police Building Equipment for the Police Department Improvements to Various Roads Improvements to Wastewater Treatment

Plan Infrastructure Improvements & Equip. for

DPW IT Equipment/Computers for Municipal

Services

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Annual Challenges

à Living within State-mandated 2% CAP While maintaining basic services that exceed that cost (employee benefits, fuel, etc.)

à Harrison Local Tax Rate History NO increase for 8 consecutive years (1999-2006) Actual expenditures for period increased by 95% Accomplished through deferred school tax & using surplus from record housing starts

à Different World since 2008 Need to STOP utilizing deferred school tax option & replenish depleted surplus Liquor License Revenue

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Impact on 2014 Tax Rate

4.6 Cent Increase per $100 of Assessed Value

Equates to a $144 annual increase for average priced home (approx. $313K)

Or $12 per month (only “decision” was moving forward with new Police Building)

All other requirements added up to 2.5 cent increase ($7.50 per month)

Required down payment on Police Building is 2.1 cents ($5.50 per month)

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Thank You!