FINANCIAL PLANNING COMMITTEE

THURSDAY OCTOBER 20, 2005


MINUTES OF OCTOBER 20, 2005: Mr. Newmuis moved to approve the minutes of October 20, 2005. The motion was seconded by Mr. Fidler and passed unanimously with one member abstaining.


The regular meeting of the Newtown Township Financial Planning Committee met on Thursday, October 20, 2005 in the meeting room of the Township Municipal Building.

Members present were Anne Goren, Elaine Gibbs, Ryan O'Keefe, Philip Newmuis, Phil Vance and Allen Fidler. Excused were Robert Dieterle, Sarita Tirpak and Township Manager Bob Pellegrino.

Chairman Goren called the meeting to order at 7:08 P.M.

MINUTES OF MAY 19, 2005:

Ms. Gibbs moved to approve the minutes of May 19, 2005. The motion was seconded by Mr. Fidler and passed unanimously.

MINUTES OF JULY 21, 2005:

Ms. Gibbs moved to approve the minutes of July 21, 2005. The motion was seconded by Mr. Fidler and passed unanimously.

MINUTES OF SEPTEMBER 15, 2005:

Mr. Fidler moved to approve the minutes of September 15, 2005. The motion was seconded by Ms. Gibbs and passed unanimously.

Mr. Newmuis arrived after the approval of the minutes.

OLD BUSINESS

Budget Review

Ms. Gibbs advised the Committee members that the Budget was not quite ready for review and that she would provide a copy to the members when available.

Budget Presentation

The Committee members discussed Mr. Fidler presentation to the Board of Supervisors on November 9, 2005 with regards to the proposed sources to generate new revenue for the Township. Mr. Fidler advised the members with regards to the Planning Commission's feelings with regards to the Township charging a fee for a Residential Fire Safety Inspection. Ms. Gibbs advised that she would contact Mr. Don Harris to get the number of local municipalities that charge the fee. The members also suggested that Mr. Fidler advised the Board of Supervisors with regards to the expenses that are outside of the Township's control.

NEW BUSINESS

OTHER BUSINESS

The Committee members discussed the Capital Budget.

The Committee members discussed the status of the Municipal Complex Expansion. Ms. Gibbs advised that any decisions regarding the matter have been deferred until next year.

The Committee members discussed the repairs that need to been completed to maintain the current Municipal Buildings and Township equipment.

Ms. Gibbs advised that the equipment that runs the Township's character generator needs to be replaced. She discussed the price to replace the equipment.

Ms. Gibbs advised the Committee members that the Budget would be released to the Board of Supervisors on November 4, 2005.

Ms. Gibbs advised the Committee members with regards to Earned Income Tax for residents and non-residents.

The Committee members discussed increased fuel cost. Ms. Gibbs explained the bidding process with regards to fuel contracts. She also advised on the Township's cost and use of fuel. The Committee members discussed the 2005 fuel usage.

The Committee members discussed the 2006 salary increases.

The Committee members discussed the increased cost for employee benefits.

Ms. Gibbs advised the Committee members with regards to the Township's Pension Plan.

The Committee members discussed Act 72 and the possible impact to the Township.

The Committee members discussed the value of services provided by the Township verses the cost for the services.

The Committee members discussed former and current lawsuits against the Township and their effects.

The Committee members discussed the Zoning Districts within the Township.

The Committee members discussed the amount of taxes the residents pay to Council Rock School District verses the amount paid to the Township.

Ms. Goren commented with regards to the Committee having the November 17, 2005 meeting. The members agreed to hold the meeting. Ms. Gibbs advised that she would have the Recording Secretary mail copies of the Budget to the Committee members.

The Committee members discussed the Committee's current meeting night and time.

Ms. Gibbs advised the Committee members with regards to the 2004 audit.

ADJOURNMENT

There being no further business to come before the Committee, the meeting was duly adjourned.

The next meeting is scheduled for November 17, 2005 at 7 P.M.

 

Respectfully submitted,

 

_____________________________
Christy Holley, Recording Secretary