2019 Operating Budget
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Borough of Ebensburg FY 2019 Operating Fund Budget Summary
The following summary outlines the financial projections for the Borough of Ebensburg's Operating Fund for the fiscal year 2019. The budget projects a total revenue of $6,036,770 against total expenditures of $5,927,480.
Revenue Projections
The budget identifies several primary sources of income for the borough:
- Taxes:
- Real Property Taxes: Projected at $454,000 (including current levies and delinquent taxes).
- Local Act 511 Taxes: Projected at $485,000. This includes $365,000 from Earned Income Tax, $80,000 from Local Services Tax, and $40,000 from Real Estate Transfer Tax.
- State Shared Revenue: Totaling $111,470, driven largely by Pension State Aid ($107,940).
- Utility Services:
- Wastewater Treatment: The largest single revenue category at $1,933,000.
- Water System: Projected at $1,670,500.
- Fees and Permits:
- Fees for Services: $224,500 (including contracted utility services and youth league fees).
- Highways: $39,500 (primarily parking meter fees).
- Solid Waste: $230,000.
- Other Sources:
- Community Center: $190,300 from memberships and rentals.
- Stormwater: $226,000.
- Fines: $39,500 (Magistrate and State Police fines).
Expenditure Projections
The document details specific spending categories, including:
- Employee Benefits: Totaling $92,760. This covers Pension Contributions ($43,500), FICA ($29,790), and Unemployment Compensation ($19,470).
- Insurance: Totaling $24,230 for property liability and bonds.
- Community Development: Totaling $79,710 for continuing education and special projects.
Financial Overview
The budget demonstrates a projected surplus, with revenues exceeding expenditures by approximately $109,290. The financial plan relies heavily on utility service charges (Water and Wastewater) and local taxes to fund municipal operations.