Harrisburg, PA – The Board of Commissioners unanimously approved the township’s 2020 Budget during its December 11th meeting. The budget calls for a reduction in the property tax millage. Included in the budget is $18,001,785 in expenses.
The Board of Commissioners held two public budget workshop meetings in October of 2019. The 2020 proposed budget was advertised and available for public review from November 14, 2019 until the adoption by the Commissioners on December 11, 2019.
The Township has improved its financial position over the last five years and has $4,008,826 in Capital Reserve. The Bond rating for Swatara Township is now AA+ and the carryover to start 2021 is projected to be $1,045,187.
The reduction in property tax is possible because of increases in other revenues and prudent financial management. Revenues from real estate transfers and the business privilege tax increased in 2019. The Township has also benefited financially from open bidding on existing contracts and services, and from an increased return on investments.
Swatara Township and Paxtang Borough recently renewed a 5-year contract for police services. This arrangement is mutually beneficial to the financial position of each community.
There are no planned reductions to any Swatara Township services or personnel. Two additional police positions are included in the 2020 budget.