FY2022 budget amended in first reading
May 6, 2021
The Borough Assembly passed an ordinance in its first reading on Monday that would adopt the borough's proposed fiscal year 2022 operating budget.
The General Fund's revenues and expenditures equal $9,741,364 and is an overall increase of .39 percent from the 2021 fiscal year adopted budget. The assembly unanimously passed two amendments to the proposed budget that prevents a millage rate increase and honors KFSK's full community service funding request.
The millage rate is the amount per $1,000 of the property's assessed value that is used to calculate taxes within the borough. The propose...