MINUTES OF THE PROPOSED BUDGET MEETING ON NOVEMBER 9, 2021by Mahoning Township on 01/30/22
Board of Township Supervisors
Mahoning Township…First Township in Lawrence County…Organized in 1805
4538 West State Street, P.O. Box 99
Hillsville, Lawrence County, Pennsylvania 16132
Phone 724 667-8801 Fax 724 667-8252 Email firstname.lastname@example.org
Mark A. Sackin Jean Greco – Secretary/Asst. Treasurer
MINUTES OF THE PROPOSED BUDGET MEETING ON NOVEMBER 9, 2021
The Mahoning Township Supervisors met at the Mahoning Township Municipal Building on Tuesday November 9, 2021 at 5:45 p.m.. for their annual proposed budget meeting. The meeting was called to order by Chairman Pezzuolo who asked everyone present to stand for the pledge of allegiance to the flag.
ROLL CALL was taken by Jean Greco, Secretary/Treasurer. Members present were: Mark Sackin, Gary Pezzuolo, and Vito Yeropoli. Also present were Solicitor Lou Perrotta, and Engineer Gregg DelPrincipe
CONFIRMATION OF ADVERTISEMENT was shown by Greco. Greco reviewed some major expenses for 2021 to include paving and COVID supplies. She moved onto sharing the projected 2022 income and expenses along with required anticipated funds. After the review, Greco stated the proposed budget will be available for review by the public before the budget adoption meeting scheduled for Tuesday, December 14, 2021 at 5:45 p.m. Greco noted that a potentially no anticipated tax increase would be required for the calendar year 2021.
Greco shared the following breakdown for projected fund balances at 12/31/2021 and preliminary budget income and expenses for calendar year 2022:
REVIEW OF PRELIMINARY 2021 BUDGETS – NO PROPOSED TAX INCREASE
2020 Estimated 1/1/2021 2021 12/31/2021
Surplus/Deficit Bank Balances Surplus/Deficit Bank Balances
General $ 800 $ 335,013 ($ 140,281) $ 194,732
Sewer $ 150,538 $ 578,138 - $ 578,138
State ($ 51,499) $ 209,209 ($ 31,068) $ 178,141
Hydrant ($ 6,000) $ 1,949 ($ 1,949) $ -
Light $ - $ 55 ($ 55) $ -
Total Funds $ 93,839 $1,124,364 ($ 173,353) $ 951,011
DISCUSSION took place about increasing tax for roads in which it was determined potentially a 1 mill increase to be necessary.
Pezzuolo made a motion to accept the preliminary budget information. The motion was seconded Sackin which a vote of all in favor. The meeting was adjourned at 5:55 p.m.
Respectfully Submitted By:
Jean M. Greco