2021 budget Verona Borough 2021 budget Revenue 301
2021 budget Verona Borough
2021 budget - Revenue • 301 -100 – Real Estate Tax – Current year • • Assessed Value as of 11/06/2020 - $98, 265, 846 Current millage is 7. 8 (. 0078) Total tax to be billed: $766, 473. 60 95% typically collected in current year - $728, 150
Revenue – Casa bella Apartments • 310 -100 – Real Estate Transfer Tax – You’ll notice this is less than last year, reason being is that we had the sale of the Casa Bella Apartments on South Ave last year which resulted in a large transfer tax. We don’t anticipate any transactions of that size in 2021. • 321 -500 – Regulated Rental Fees – This account is also less than 2020 because when Casa Bella Apartments sold there was a large payout of back regulated rental fees.
Grants – State Grants • 350 -013 – State Grants • First Street Reconstruction - $227, 500 (70% of $325 k estimated project cost) • Cribb’s Pavilion - $171, 488 (85% of $201, 750 estimated project cost) • Storm Sewer CCTV and Condition Ratings - $125, 555 ($144, 400 $18, 845 local match) • CDBG 47 – Wildwood Culvert Repair - $24, 700 ($38, 000 - $13, 300 local match) • 350 -016 – County Grants • 904 Recycling Grant
Sewer rental Fees • This is a carryover figure from 2020. • Alcosan will be increasing rates. I’m working with Matt and Oakmont Water to finalize what the new rates will be before we finish the budget. • A resolution will need to be passed at the December meeting authorizing the new rates.
380 -000 Misc Revenue • We typically budget approximately $4, 000 here to cover any misc income we collect throughout the year. • For 2021 I’m adding an additional $60, 000 which I feel is a conservative estimate of what we can expect to get selling the F -550 and Peterbilt DPW Trucks. • Later in the budget I will discuss the truck we intend to use to replace these.
392 -030 Transfers from capital reserve • Over the past few years we’ve worked hard to try to accumulate as much capital as we can in order to meet grant match obligations and unexpected expenditures like the sink hole on 2 nd Street. • This budget includes a $92, 000 transfer from our Capital Reserve Account to meet the grant match for the First Street Reconstruction Project.
Expenditures • 407 -272 – Police Hardware - The Chief has requested that we spend approximately $1, 200 on new computer equipment for the police department • 409 -373 – Repairs & Maintenance to Government Building – The Police Department needs an additional workstation, a vent system in the evidence locker, among other necessary repairs. Budgeting $8, 000 in addition the normal $4, 000 typically budgeted for standard repairs. • 410 -112 – Budgeting for an additional Full Time Police Officer
Expenditures (continued) • 410 -185 – Police Training – I am proposing an additional $14, 000 in police training. Given our current climate I believe that investing in police training is vital and needs to be a top priority for Verona Borough. • 410 -750 – Police Minor Expenditures – This line item includes new shotguns for the Police Department, a Radar Speed Warning Sign requested by Mayor Ricupero, and $7, 000 for body cameras for the Police Officers. • 410 -760 – I’m working with the Chief to verify whether this is a sufficient amount, but I’ve budgeted $6, 000 for cameras
Expenditures (continued) • 414 -450 – Comprehensive Plan • Mr. Forbeck has requested a budget of $10, 000 to cover a possible grant match for the development of a new Comprehensive Plan. • 430 -115 – Part Time DPW Employee – I’ve budgeted $7, 500 to hire an additional DPW Employee from May – September of 2021. • 430 -750 – Minor Expenditures DPW – LED Lighting Program through Duquesne Light - $11 k, 2021 Landscaping Project $13 k, 2021 Tree Pruning Bid - $15 k, Flowers for hanging baskets - $2, 500, Water for the flowers - $8 k
Expenditures (continued) • 430 -720 – DPW Vehicle Payments • As discussed during 2020, it’s time to purchase a new DPW Truck. • We’re proposing that we sell the current F-550 and Peterbilt and replace it with one 2021 Ford F-550. • We are expecting it to cost approximately $100, 000, however for budgeting purposes we’d finance it. • For the budget I’m expecting $100, 000 at 4% for 60 months with an annual expense of $22, 104.
Expenditures (continued) • 430 -740 – Major Expenditures for Public Works • As mentioned earlier we have several grant matches to meet during 2021. • First Street Reconstruction - $97, 500 • Cribb’s Pavilion - $30, 262 • Storm Sewer CCTV and Condition Ratings - $18, 845 • CDBG 47 – Wildwood Culvert Repair - $13, 300 • Also we have projects coming up with no grants: • Phase 2 of the 2 nd Street Reconstruction: $95, 000 • Center Ave Storm Sewer Extension - $60, 000
Expenditures (continued) • 454 -117 – Part Time Parks and Rec Summer Help • In addition the PT DPW Employee, I’d like to hire an additional summer employee who’s only focus would be the parks. They would still report to AJ, however their cost would go against the Parks and Rec budget. • 454 - Everything Else • Trish and the rest of the Parks and Rec Board have submitted their annual requests and I’ve been able to include them in the budget.
Parks and rec 2021 budget Item Activities: Movies In the Park (Supplies) Activities: Joint LVAF Wrestling (Sports) Activities: Contribution to 150 th Light Up Night Location ALL TBD Railroad Park and business district Porta-John Servicing ALL Trashcan tops Inspection of All Play Equipment ALL Playground bench(s) Cribbs Field Playground playset repairs New Pre-Engineered Pavilion/Building Cribbs field fertilizing and routine maintenance French drain T-trenches Bocce court Seasonal Decorations Vacant lot acquisition for community garden Cribbs Field Railroad Park TBD Vacant lot acquisition for continued borough use end of 1 st TOTAL Qty Unit 1 Lot 1 Each 26 Weeks Unit Cost Total Cost Priority Notes $500. 00 MED New speakers and need new popcorn machine and supplies. Unclear if will do in 2021 or 2022 (COVID depending). $1, 500. 00 $1, 650. 00 MED Deposit + apr. medical insurance. $200. 00 LOW $75. 00 $1, 950. 00 MED TBDCans 1 Lot $1, 000. 00 $250. 00 $1, 000. 00 LOW $250. 00 HIGH 1 -2 Each $500. 00 MED 1 Lot 1 Lot $1, 000. 00 HIGH $30, 000. 00 HIGH ? ? ? HIGH $10, 000. 00 MED $100. 00 LOW $1, 200. 00 $2, 600. 00 HIGH $42, 350. 00 Spearheaded by other groups, but actively will contribute to setup (e. g. cocoa, cider), and prizes for decorating. Due to pavillion reduce to one park (Riverbank), but increase to 2 x/week (same total cost). Currently once a week April through November but recommendation is to service twice a week. Need to confirm details with Jerry. Many park trash cans in need of dome top in case of rain. Some requests for additional trash cans. Carry-over from 2020. To be done asap, nlt spring 2021. Ask neighboring boroughs for contacts. Carry-over from 2019/2020. UPDATE: SECOND BENCH TO BE DONATED. Need to budget to cement both benches, and add plaque to honor donor of second bench. Playground only has one bench - could use one or two more, and may need to anchor these well in ground. Carry-over from 2019/2020. Parts of the playset are damaged, rusty, or cracking - may need repairs depending on inspection result. Some swing chains too long (Cribbs), others too short (RB). Carry-over from 2020. $22 k in a separate account. $8 k additional needed. Carry-over from 2020. May be included in 2021 landscaping contract? Otherwise will need to rebudget. Carry-over from 2020. Need help aquiring quotes from Matt. Carry-over from 2020. Need to secure additional quotes for small court (similar to Oakmont). Seasonal decorations for pavillion. Grant from Grow Pittsburgh pending borough TBD green space. Need to secure greenspace borough is currently using to compost and store clean fill through county vacant lot acquisition program. Parcel no 364 -R-338 appraised at $1200, + $1400 municipality fee (may be waived). Approximation (not including Fribbs field fertilizing, routine maintenance, and French drain T-trenches).
Conclusion • As of now, this budget has a remaining surplus of approximately $1, 700. • There a few outstanding items that need finalized, however I feel confident that we will be able to present a balanced budget without an increase in property taxes. • Please review this budget over the next few days and submit your questions to the finance committee. • The finance committee will be meeting prior to the workshop meeting to make any final adjustments necessary
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