The proposed 2019 Budget reflects an increase in Debt Service for the Sewer Capital Fund, Water Capital Fund and Street Improvement Fund. Due to the amount of Capital Improvements needed over the next five years, the Borough will need to borrow these funds. The Borough is forecasting approximately $4.4 million to borrow with repayment over a twenty-year period. If the 2019 Budget is adopted as proposed, the Finance Committee will begin the borrowing process in early 2019. The Debt Service will require an increase in both property taxes and sewer rates. Fund balances continue to reduce due to increases in unfunded mandates like new regulatory fees for water and sewer, cost of equipment, materials and operational items.
The proposed 2019 Budget reflects a 3 mil increase to property taxes raising them from 18.25 to 21.25 mils. The fund balance for the general fund, continues to reduce due to increases in unfunded mandates, cost of equipment, materials and operational items. Additionally, 1.5 of the mileage increases will be dedicated to debt service related to road improvement projects. Proposed paving projects for 2019 include Meadow Lane, Meadow Circle, Rickert’s Road (Hilltown side of 313) Mill Street and Parkside Drive.
A home owner assessed at the average assessment value of 26,262, will pay $558.06 per year in real estate property taxes, or $1.53 per day for Borough services. Of the total 21.25 mills, 16 mills are designated for General Fund purposes and equals approximately $299,937; 3.75 mills are designated for street improvement debt service and equals approximately $70,298; and the remaining 1.5 mills are allocated to the Street Improvement Fund and generate approximately $28,119 in revenue annually.
Due to the cost of the projected Sewer Capital Projects and Debt Service over the next five years, the Finance Committee is proposing a $40.00 annual increase to the current Sewer Fee $620.00. An increase of $10.00 per quarter. The increase in the Sewer Rate will be dedicated to the Sewer Fund. The proposed capital improvements are associated with the PA DEP’s Consent Order and Agreement to reduce inflows and infiltration into the sewer system. The Borough is in the process of extending their Consent Order & Agreement (CO&A) with PADEP for another five (5) years. The current agreement is due to expire at December 31, 2018. The extension outlines the proposed capital projects to be completed over the next five years. Projects include relining of the lagoon at the sewer plant, improvements to the Kern Drive Interceptor, Twin Oaks Pump Station and Sewer Treatment Plant.
The Proposed Budget DOES NOT reflect an increase in water fees. The base rate fee for each unit of water established in 2013 continues to provide $79,644 annually. In addition to the base rate, the gallon usage fee remains at $3.70 per 1,000 gallons of water used. The finance committee is proposing to borrow for some capital water projects, like the repainting of the water tower, while utilizing the existing reserves for other capital water projects.
Allocating resources wisely for the health, safety, and welfare of the community is an important step in maintaining accustomed service levels that will enhance the quality of life currently enjoyed by our residents. The proposed 2019 Budget provides the necessary resources for the Borough organization to achieve the goals and priorities established by Borough Council. It maintains accustomed service levels and represents an accurate estimate in dollars of the Borough’s commitment to deliver quality municipal services to the Dublin Borough community.
To View the proposed 2019 Budget CLICK HERE
To View the advertised Ordinance CLICK HERE