FISCAL OFFICER NOTE
When voters approve a property tax levy, they are also establishing the legal guidelines for use of that revenue. For this reason, funds cannot be transferred, for example, from police to fire, or from fire to maintenance.
At any given time, a large portion of the Township's funds have already been encumbered, or reserved, to compensate staff or to pay a bill for a project that is already underway.
Without realizing these facts, fiscal reports may confuse readers into thinking the Township has "savings" or excess revenue.
As I mentioned in my previous newsletter article, levies are thoroughly reviewed by stakeholders, including resident advisory committees, to ensure they are appropriate to fund necessities, not generate excess. All of your elected officials, and many of the Township's own staff live in the Township, adding further vested interest in taxing only at necessary and appropriate levels.
On average, 16% of residents’ property tax bill contributes to Township services. The majority supports local school districts and the remainder goes to Delaware County agencies, and local libraries.
- Patrick Myers, Fiscal Officer
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