Budget Hearing
From
Edinboro
When
Mon, Nov 11, 2024 from 6:15pm to 6:30pm
Where
124 Meadville St, Edinboro, PA 16412, USA
Details
BOROUGH OF EDINBORO
Budget Hearing Notice 2025
TAKE NOTICE that Borough Council, at its regular meeting on Monday, November 11, 2024, in the council chambers of the Municipal Building, 124 Meadville Street, Edinboro, PA 16412, will hold a hearing at 6:25 PM on the 2025 budget. Council will consider and act upon the 2025 budget at its regular meeting that follows at 6:30 PM.
Edinboro’s 2025 budget proposal includes no changes from the 2024 water, sewer, & refuse utility rates. The 2025 real estate tax rate will have no change from 2024 at 4.5 mills. Full-time Edinboro residents will remain eligible for the $50,000 Homestead Exemption that makes the first $50,000 of the value of their house exempt from Borough real estate tax. The Borough portion of the Earned Income Tax and Realty Transfer Tax will both remain unchanged at 1.0%, as will the Local Service Tax at $1 per week worked.
Revenues and Other Financing Sources
Taxes 1,903,000
Licenses & Permits 36,000
Fines and Forfeits 48,500
Interest, Rents, & Royalties 325,000
Intergovernmental Revenue 117,800
Charges for Services 3,332,209
Miscellaneous Revenues 30,600
Other Financing Sources -
Total Revenues 5,793,109
Expenses and Other Financing Uses
General Government 245,840
Public Safety 1,399,115
Sanitation 2,044,455
Highways, Roads & Streets 626,430
Water 1,361,175
Parks & Recreation 44,970
Economic Development -
Miscellaneous Expenditures 71,060
Other Financing Uses -
Total Expenditures 5,793,045
Income Over (Under) Expenditures 64
Full detailed budget documents are available for inspection at the above-listed Municipal Building address during normal office hours. Questions, contact Jason at jspangenberg@edinboro.net or 814-734-1812 x 123.
Jason Spangenberg, Borough Manager
Notice Published: October 26, 2024 Meadville Tribune
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