NEWTOWN TOWNSHIP FINANCIAL PLANNING COMMITTEE
100 MUNICIPAL DRIVE, NEWTOWN, BUCKS COUNTY, PA 18940
Minutes for the meeting held on October 23, 2008
The regular meeting of the Newtown Township Financial Planning Committee met on Thursday, October 23, 2008 in the meeting room at the Newtown Township Municipal Building.
Members present were Glenn Beasley, Andy Salvucci, Ronald Kaizar, John Stranford, Robert Dieterle, Elaine Gibbs and Jim McCrane. Excused were Brian Wilson and Mike Gallagher.
CALL TO ORDER:
Mr. Beasley called the meeting to order at 7:07 P.M.
MINUTES OF SEPTEMBER 25, 2008:
Mr. Kaizar moved to approve the minutes of September 25, 2008. The motion was seconded by Mr. Salvucci and passed unanimously with three members abstaining (3-0-3).
Mr. Stranford was not present for the approval of the minutes.
Discuss the November meeting date
The members discussed the November meeting date and agreed to meet on Thursday, November 20 th or Tuesday, November 25 th. Mr. Beasley advised that he would send an email to verify what date would work best for the members.
Review of 2009 projected income
The members discussed the estimated 2009 projected income. The members discussed the businesses in the Township and the effects from the economic situation. The members discussed the Local Services Tax with regards to major businesses in the Township and their employee numbers. Ms. Gibbs advised on the work she is doing on the 2009 Budget. The members discussed the Township’s fuel costs. Ms. Gibbs advised on how the Local Services Tax is collected. The members discussed the possibility of sharing services with other local municipalities to help reduce cost. The members discussed their recommendations to the Supervisors; it was agreed that Mr. McCrane would be the point man at the October 29 th meeting with the Supervisors. The members discussed the Earned Income Tax. Mr. Kaizar reported on his discussion with Mr. Pellegrino regarding a reduction in Earned Income Tax, Real Estate Tax and permits.
Mr. Stranford arrived.
Mr. Salvucci advised on discussions with the State regarding a reduction of Real Estate Taxes. The members discussed a reduction in permit fees. The members discussed how the Township is investing their money. The members discussed if there has been a decline in permit and zoning applications. Ms. Gibbs advised on what information she has with regards to permit fees being received. The members discussed the cost associated with the financing of the new Municipal Complex. The members discussed the possibility of the Township raising taxes in the future. The members discussed there being a shortfall of income between $700,000.00 to $900,000.00, ways to reduce Township costs and taking money out of the Reserve Fund. Mr. Beasley questioned if there are any funds beyond the General Fund that could be attacked. Ms. Gibbs advised that there are none, she discussed the Capital Project Fund and advised that those cost coming from out of the Reserve Fund. The members discussed the development of the Woll Tract. Ms. Gibbs advised on the funds set aside for the development of the Woll Tract. The members discussed the $750,000.00 received from the RCN settlement. The members discussed their concerns with regards to 2010 Budget.
Discuss joint meeting with the Supervisors
The members discussed the joint meeting with the Supervisors scheduled for October 29, 2008 at 5:30 P.M. in the meeting room at the Township Municipal Building. Mr. McCrane, Mr. Stranford and Ms. Gibbs advised that they would be present at the meeting. Mr. Beasley advised that he would attend some of the meeting. Mr. Salvucci, Mr. Kaizar and Mr. Dieterle advised that they were unsure if they would be able to attend the meeting.
Discussion of the Department’s Capital Request
Ms. Gibbs reported on changes to the Departments’ Capital request. The members reviewed the Departments’ Capital request and rated the requested items for their presentation to the Supervisors on October 29, 2008.
PRIVILEGE OF THE FLOOR:
The members discussed the increased operating cost in 2010.
The members discussed how funds are designated to be used.
The members discussed the funds from the bond for the Municipal Complex expansion.
Mr. Beasley suggested questioning the Supervisors to see if they would like the Committee to play a role in reviewing the expenditure side this year to become familiar for future budget reviews.
Ms. Gibbs advised on proposed changes with regards to personnel.
There being no further business to come before the Committee, the meeting was duly adjourned at 9:34 P.M.
The next meeting is tentatively scheduled for November 20, 2008 or November 25, 2008 at 7 P.M. The meeting located will be determined on the availability of a meeting room.
Respectfully submitted by:
Christy Holley, Recording Secretary