Adopted December 18, Upper Uwchlan Township’s 2007 Budget totals $15,050,398. The budget includes $7,900,000 in special projects and $6,358,925 projected borrowing to fund those projects. The balance ($1,541,075) represents funds on hand for the projects. See the chart below for a list of those special projects. Also be reminded, no funds will be borrowed until the funds on hand are used and borrowing will only occur if the project moves forward in 2007.
The 2007 Budget then has $9,691,473 for General Operating purposes of which less than 2% is for Capital Purchases as the New Public Works Department continues to build and expand services. The best news is there has been no tax increase to Upper Uwchlan Residents for two years running and prior was an increase to the Emergency Services millage rate only. The General millage rate has held steady for three years now..
The complete 2007 Budget Summary, Expense and Revenue Pie Charts and an updated Projects Schedule are found below for your review.
2007 Upper Uwchlan Township Budget - Revenues
Account
Description
Total
301
Real Estate Taxes
892,000
310
RE Transfer
673,000
310
Earned Income Tax
1,600,000
331
Vehicle Fine/Police Activity
35,400
341
Interest Earnings
59,921
355
State Aid/Foreign Fire/Utility Tax
128,467
361
Fees for Services
2,043,000
362
Building and Other Permits
215,700
364
Solid Waste
741,200
367
State & County Grants/Franchises
1,007,500
380
Reserve Transfer
1,270,400
383
Community Events/Other Income
24,885
393
Loan Proceeds
6,358,925
TOTAL REVENUES
15,050,398
400
General Government
62,900
401
Administration
564,443
402/403
Finance/Tax Collection
79,922
404
Legal Services
77,000
408
Computer Services
31,300
409
Township Properties
101,400
410
Police Services
1,310,096
411/415
Fire Marshall/Emergency Services
39,000
413
Building and Zoning Department
249,628
414
Planning
34,500
427
Solid Waste
692,000
433/438
Public Works/Signs & Lights
5,696,579
454
Park & Recreation
3,071,510
456
Contributions/Historical
302,020
471
Debt Service
175,000
480
Miscellaneous
4,000
488
Insurance
25,600
493
Future Project Encumbrance
223,000
TOTAL EXPENSES
15,050,398
Project
2007 Expense
Funds on Hand
Expected Borrowing
Scheduled Grants*
Southern Link
$4,200,000 2,600,000
$1,000,000
$3,200,000
$2,600,000
East West Link
$800,000
-
$800,000
-
Trails Project
$900,000
$41,075
$858,925
$650,000
Pedestrian Bridge
$1,500,000
-
$1,500,000
$608,000
Fellowship Fields
$500,000
$500,000
-
-
Total
$7,900,000
$1,541,075
$6,358,925
$3,858,000
*Grants are not budgeted to be received in 2007. Expected reimbursement will be received after the projects are complete.
