On November 18, 2020, the Board of Commissioners adopted the 2021 Preliminary Operating and Capital Budgets and scheduled a Public Hearing for December 16, 2020 to consider adopting the Operating and Capital Budgets for 2021.
NOTICE
NOTICE IS HEREBY GIVEN that the Board of Commissioners of Cheltenham Township, Montgomery County, Pennsylvania, will conduct a Public Hearing on Wednesday, December 16, 2020, at 7:30 p.m. (prevailing time) at Curtis Hall, 1250 West Church Road, Wyncote, Pennsylvania, to receive any and all comments and questions, written and oral, of the public prior to considering and possibly voting to adopt Ordinances adopting the Operating and Capital Budgets for the Year 2021 based on the 2021 Preliminary Operating and Capital Budgets, adopted by the Board of Commissioners on November 18, 2020, pursuant to the provisions of the Home Rule Charter, Section 1205, as follows:
2021 GENERAL FUND BUDGET SUMMARY
REVENUE
| Real Estate
|
|
| |
~ Current Year |
$17,275,466 |
| |
~ Prior Year
|
$300,000 |
Licenses & Permits
|
$831,350 |
Fines & Forfeits
|
$211,500 |
Interest & Rentals
|
$70,000 |
Grants & Aids
|
$1,236,263 |
Departmental Earnings
|
$5,767,334 |
Act 511 Taxes
|
$11,923,000 |
| Miscellaneous Revenue
|
$1,691,288 |
Total Estimated Revenue
|
$39,306,201 |
EXPENDITURES
Administration
|
$1,667,606 |
Streets & Bridges
|
$1,666,033 |
Street Lights and Traffic Signals
|
$434,370 |
Stormwater Management
|
$334,587 |
Refuse
|
$1,915,386 |
| Police |
$9,248,162 |
Parks & Recreation
|
$1,694,886 |
Swimming Pools
|
$292,560 |
| Township Buildings |
$282,726 |
| Treasurer and Tax Collector |
$105,575 |
Fire
|
$1,442,742 |
Planning & Zoning
|
$469,140 |
EMS and Emergency Management
|
$1,217,608 |
Debt Service
|
$689,526 |
Libraries
|
$1,729,250 |
Miscellaneous Administration
|
$16,116,044 |
Total Estimated Expenditures
|
$39,306,201 |
2021 CAPITAL BUDGET SUMMARY
INCOME
Estimated Cash and Investments
|
$2,132,676 |
Estimated Income:
|
|
| |
~ Amounts Provided by Others
|
$5,509,725 |
| |
~ Amounts Provided by Borrowings
|
$10,000,000 |
| |
~ Amounts Provided by Assessments
|
$0 |
| |
~ Transfer Amounts
|
$2,782,699 |
Total Estimated Cash and Receipts
|
$20,425,100 |
EXPENSES
2021 Project Costs
|
$12,482,183 |
Estimated Cash Balance at Year End
|
$7,942,917 |
Copies of the full text of the proposed ordinances and the 2021 Preliminary Operating and Capital Budgets can be found on the Township's Budget webpage.
Zoom web conferences are accessible by telephone, smartphone, tablet or personal computer. Details for logging in and/or dialing into the meetings are available on the Cheltenham Township website no later than the close of business on Friday, December 11, 2020.
CHELTENHAM TOWNSHIP
BOARD OF COMMISSIONERS
Robert A. Zienkowski
Township Manager