MANCHESTER TOWNSHIP 2017 MUNICIPAL BUDGET

2017 Total Budget $33,906,697.45 Increase from 2016 $710,000 DOT Grant – Broadway $325,000 DOT Grant – Wilbur $250,000 Increase Capital Imp. $100,000 Increase in Salaries $893,000

2017 Municipal Budget Breakdown

2017 LOCAL LEVY $21,169,901.45 Reduction from 2016 $76,381.70 Lowest municipal rate since 2013 (.6505) Increased Revenues Healthy 2016 Year End Surplus $5.755 Million

2017 PROJECTED REVENUES REVENUE 2017 (Projected) 2016 (Actual) Host Community 1,050,000 1,059,997 873,163 State Aid 3,217,467 UCC 1,105,840 825,529 Inspections 950,000 976,336 756,467 Municipal Court 450,000 471,052 381,550 DOT GRANTS 575,000 325,000 Delinquent Taxes 800,000 957,751 1,220,998

SURPLUS HISTORY & ANALYSIS

HOW WE USE SURPLUS 2016 2015 SURPLUS BALANCE DECEMBER 31st 5,755,828.40 5,512,101.92 Used Towards Local Levy $2,750,00.00 $2,750,000.00 Surplus Balance Remaining $3,005,828.40 $2,762,101.92 Page 39 of Budget

2017 Employee Health Insurance 2016 Gross Costs $5,150,000 Employee Share $550,000 Utility Share $600,000 NET COSTS $4,000,000 Gross Costs $5,200,000 Employee Share $360,000 NET COSTS $4,840,000 **In 2017, PBA enters tier 3 of Art. 78, while all other Unions are in tier 4.

2017 MAJOR EXPENSES EXPENSES 2017 (Projected) 2016 (Actual) Professionals 436,000 438,000 Debt Service 1,576,734 1,475,587 Social Security 1,300,000 1,047,463 PERS 854,200 807,721 PFRS 1,703,937 LOSAP 140,000 86,250 Capital Imp. Acct $500,000 $400,000

LEVY CAP BANK (Rainy Day Fund) CY 2015 $559,858 CY 2016 $861, 158 CY 2017 $1,115,480 TOTAL BANK $2,536,496 See Page 3B of Budget

UTILITIES – East & West Eastern Side Water Total Budget $2,530,000 Biggest Change – Paid off Bond for Purchase Purchasing Capital Items with the Debt Service ($450K) 8 vehicles Booster Pumps Fixed Base Meter Read Meter Guns Radios

UTILITIES – East & West Eastern Side – Sewer Total Budget $4,325,000 Reduction $300,000 Western Side – Water Total Budget $2,800,000 Flat Budget Western Side – Sewer Total Budget $2,735,000 Increased Budget $110K – Increasing Debt Service and Repairs

2017 & BEYOND Whiting Fire Company – New Tanker Truck Permanent Financing of Short Term Bonds 2008 and 2015 Capital Financing Utility Capital Improvements Pavement Plan Impending Town Re-Assessment Blue Collar Negotiations 2017 State Health Benefits Volatility

ADMINISTRATION GOALS 1. PUBLIC SAFETY

ADMINISTRATION GOALS 2. IMPROVE AGING INFRASTRUCTURE

ADMINISTRATION GOALS 3. SERVING THE NEEDS OF OUR WONDERFUL RESIDENTS Ms. Viola’s 100th Birthday @ Senior Services 2016 Luau at Pine Lake

2017 BUDGET HIGHLIGHTS Reduction of Local Property Tax Levy Lowest Municipal Tax Rate since 2013 Increased Capital Improvement Account to $500K Decrease of Average Household Municipal Tax Continue Paving Plan Continue Systematic Replacement of Vehicles Continue Park Renovations Start Year with Healthy Surplus Continue with Manchester Day, Full slate of Concerts and Recreation Programs Continue our Senior Services