Assembly looks over the FY 2020 proposed budget
May 2, 2019
A special meeting was held on April 17 by the borough assembly to discuss the proposed fiscal year 2020 Petersburg Borough budget before it goes before the assembly for its first reading on May 6.
Finance director Jody Tow presented a slideshow detailing the general and enterprise funds for the proposed budget. Expenditures in the general fund total $9,567,149 for the 2020 budget, but it's balanced out by $9,571,545 in revenues. The total amount of excess of revenues over expenditures is $4,396. The current 2019 fiscal year budget has a total of 9,466,759 in revenues and $9,446,352 in expen...