![]() “The more we can help support our residents and businesses, the more they can help support the township.” ![]() “As we confront a public health emergency and economic emergency unlike any other in recent memory, I’m proud that our council and professionals have produced a budget that reduces municipal taxes for our residents and businesses who need relief now more than ever,” Mayor Jaclyn Veasy said in a statement. Three public works employees were laid off, according to Township Manager Robert Corrales. Non-union employees were also furloughed. However, around 25 clerical workers came back to the table and agreed to the temporary furloughs. The township was also expected to lay off a number of clerical and public works employees after negotiations over furloughs stalled. The township is reducing its spending by placing a temporary freeze on new 2020 capital improvement projects, limiting discretionary funding township-wide and reducing operational spending where possible. The reduction in spending comes as the township expects to lose around $1.5 million in revenue due the COVID-19 pandemic in areas such as construction fees, court fees, delinquent taxes, licensing fees, other fees and permits and the loss of play at the municipally-owned Indian Spring Golf Course. The township expects to raise $22,376,767 through municipal taxes at a tax rate of $.423 per $100 of assessed home value. The budget uses about $6 million of the slightly more than $10 million surplus available, similar to 2019. The $38.8 million 2020 budget is a decrease of $768,000 from last year’s budget of $39.5 million. The township council last week unanimously passed the township’s 2020 municipal budget, resulting in about a $5 decrease in municipal taxes for residents with an average assessed home value of $271,600. Municipal taxes are set to go down for residents as the township council plans to reduce spending due to the COVID-19 pandemic.
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