The Daily Item, Sunbury, PA

News

December 28, 2012

Monroe Township reserve fund exceeds the annual budget

SELINSGROVE — Monroe Township supervisors approved a $1.24 million budget for 2013 with no tax increase while carrying $1.59 million in a reserve fund for capital improvements and unexpected expenses.

Township auditor Matt Pryor said he’s noticed the reserve fund has been climbing in the past four years, but never asked for what reason the funds were being set aside.

“It’s a good question and I’m going to ask,” he said.

The Pennsylvania Department of Community and Economic Development said there is no cap on how much a township may set aside.

The Pennsylvania State Association of Township Supervisors doesn’t keep track of reserve funds or recommend an amount that should be set aside, said Holly Fishel, director of research.

However, planning for major projects like infrastructure upgrades is one of the responsibilities of townships across the commonwealth, she said.

“Recently it’s been exceedingly difficult for townships who are just struggling to hold the line and not raise taxes,” said Fishel, crediting Monroe Township’s “forward thinking” on building its savings.

Penn Township has also been socking money away for years, building up a reserve fund of a little more than $1 million, significantly more than the $761,490 budget for 2013 approved by the supervisors.

“They have it for any projects that may come up,” township secretary Robin Bieber said.

Penn Township has tapped into the reserve fund only once in recent years to pay for road repairs, specifically to rebuild Sunset Drive about four years ago, Bieber said.

Unlike Monroe Township, which levies 2 mills of taxes, or about $45 per average homeowner, Penn Township doesn’t collect any taxes from its residents.

A formal request for comment was made Thursday to Monroe Township Supervisors Timothy Wolfe, Dean Davis and Steve Paige about their reserve fund and whether any of it will be used to eliminate township taxes. None had replied as of Thursday night.

“I envy anybody who can carry $1 million in reserves,” said Point Township Chairman Randy Yoxheimer, who said he’s content with a financial cushion of $250,000 while overseeing a $1.71 million spending plan for 2013 that carries no tax increase. “Different townships have different needs and different philosophies.”

Point Township is starting out 2013 with about $475,000 in reserve and intends to spend about half of it on stormwater improvements, truck purchases and other capital expenses.

Selinsgrove Borough Council adopted a $4.52 million budget for 2013 that carries a 1 mill increase, raising taxes to a total of 16 mills.

A majority of the $2.12 million the borough has set aside in reserves is designated for sewer and water facility upgrades, treasurer Sheri Badman said. The borough has also used the funds to rebuild a salt storage shed and Water Street, manager Paul Williams said.

 

1
Text Only
News
  • Union County bridge replacement project begins Aug. 4

    HARTLETON — A PennDOT maintenance crew in Union County will begin a bridge replacement project Aug. 4 on Pleasant Grove Road, Route 3005, in Lewis Township, between Moll Road and Wirth Road, north of Pleasant Grove.

    July 23, 2014

  • DanCrash23.jpg BREAKING NEWS: Woman killed today in Danville area collision

    DANVILLE – An older woman, from the area, was killed in a log truck-car crash at about 1:45 this afternoon at Routes 642 and 54 in Valley Township.

    July 23, 2014 1 Photo

  • Jay Paterno sues Penn State for 'rush to judgment'

    STATE COLLEGE - Two former Penn State assistant football coaches, including a son of the late Joe Paterno, are suing the university, alleging that it fired them prematurely after the Jerry Sandusky child sex-abuse scandal surfaced.

    July 23, 2014

  • 400-pound bull on the lam

    State police and a western Pennsylvania cattle owner are looking for a 2-year-old bull that has been missing for more than a week.

    July 23, 2014

  • Complainer: Cars whiz by, and drivers take whiz

    The Pennsylvania Turnpike has asked state police to increase patrols near an area of the toll road where a woman says she can see motorists exposing and relieving themselves near her backyard.

    July 23, 2014

  • spider24online.jpg Arachnid alert!

    We came across this spider brunching on another today near the American Legion post in Herndon. We aren't sure what type of spiders they are. Particularly the one with the full stomach. Do you?

    July 23, 2014 1 Photo

  • Today's Editorial: Experts showing the way for reform

    Domestic abuse remains one of the most prevalent crimes nationally yet remains routinely unreported.

    July 23, 2014

  • Feds ship 500 children to Pennsylvania

    HARRISBURG — An influx of unaccompanied children crossing the southern U.S. border is spilling into Pennsylvania, as state officials received word Monday that more than 500 are being housed in the commonwealth.

    July 22, 2014

  • Hope Lewis Inmate's widow wants $750,000 from Northumberland County

    SUNBURY — The widow of a Shamokin man who hanged himself inside Northumberland County Prison is demanding $750,000, the firing of all jail employees who worked the night of June 16 and a complete overhaul of policies and procedures for suicidal inmates.

    July 22, 2014 1 Photo

  • Vancliff Lifer gets more time for molesting Danville girls

    WILKES-BARRE — A convicted murderer accused of having persuaded a former Danville woman to bring two girls to visit him in a northeastern Pennsylvania prison so he could molest them has been sentenced to additional prison time and fined.

    July 22, 2014 1 Photo

The Daily Marquee
Video
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.