Council passes 2003 tentative budget
VANDERBILT – Borough council passed its 2003 tentative budget without a tax hike. The $128,612 spending plan calls for $10,155 to be spent on insurance, $8,070 on street lighting, $5,400 on the secretary’s salary, $3,000 for utilities, $2,000 on code enforcement and $1,000 on legal fees and advertising.
Another $1,600 will be used for employer contributions for benefits, $1,300 for commission on taxes collected, $935 for fire hydrant rental, $500 on clerical supplies and postage and $400 on audit fees and maintenance wages.
Additional funds in the amount of $200 are earmarked for membership dues, $250 for the secretary’s bond, $260 for Fayette SPCA services, $200 for recreation, $100 for the tax collector’s postage, bond and books and $50 for building maintenance supplies.
According to secretary Mary Jane Winterhalter, the borough will carry over $84,462. Revenues for the borough are derived from real estate taxes in the amount of $10,500, per capita taxes in the amount of $2,000 and wage taxes in the amount of $24,000.
Additional revenue comes from $2,000 in real estate taxes, $1,500 in interest, rents and royalties, $1,300 in delinquent taxes from the county and $1,000 in fines and forfeits. Licenses and permits bring in another $840, mechanical devise taxes account for another $500, liquor license fees amount to $150, public utility realty taxes comes to $60 and the borough receives $300 in miscellaneous revenues.
Total expected revenues are $44,150, while total expected disbursements are $35,820. Total unappropriated funds amount to $92,792.
Winterhalter said the millage rate set by the county is at 1.040.
In other unrelated matters, council agreed to gave Eric McCrae permission to build a 12-by-12 building at the playground for storing football and cheerleading equipment for the Tri-Town Booster Association.
Council also agreed to pay former police officer John Edwards his pension.
Council set Nov. 30 as Vanderbilt Light-up Night. Light up ceremonies will be held on the corner of Walnut and Main streets beginning at 6 p.m. Cookies and hot chocolate will be served at the borough building following the ceremony.