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Newtown

Township

2024 Budget

PRELIMINA RY BUDGET: 1//8/23

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2024 Budget

Newtown Township municipal government is dedicated to

excellence in providing prompt, appropriate public services to

citizens and property, while empowering citizens by

recognizing the community's tradition of independence, self

reliance and conservatism by encouraging honest, value

driven, responsive, sensitive, respectful activities in the

service of the community.

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ACCOUNT

NUMBER

FUND BALANCE

DESCRIPTION

01.399.100 Fund Balance Forward

REAL PROPERTY TAXES

01.301 .100 Real Estate Taxes· Current

01.301 .200 Real Estate taxes· Prior

01.301.400 Real Estate Taxes· Delinquent

01.301.405 Payment In Lieu of Taxes

01.301.600 Real Estate Taxes·lnterim

LOCAL TAX ENABLING ACT TAXES

01.310.021 Earned Income Taxes·Resident

01.310.022 Earned Income Taxes-Non Resident

01.310.023 Delinquent EIT Resident

01.310.024 Delinquent EIT Non-Resident

01.310.100 Real Estate Transfer Taxes

01.310.510 Local Services Tax

BUSINESS LlCENSESIPERMITS

01 .321.620 Eleclrical Contractor Registratioos

01.32 1.630 Plumbing Contractor Registrations

01.321.640 Contractor Registrations

01 .321.800 Cable Television Franchise

01.321.8 10 l ease Revenue

01.321.820 Vendor Permits

NON·SUSINESS LlCENSESIPERMITS

01.322.820 Street Opening Permits

FINES

01 .331.110 Vehicle Code Violations

01.331.120 Non-Vehicle Code Violations

01.331.130 Forfeitures

01 .331. 140 FireCodeViolations

INTEREST & DIVIDENDS

01 .341.000 Interest on Investments

01.341.140 Insurance Dividends

STATE SHARED REVENUE

01.355.0 10 Public Utility Realty Taxes

01.355.050 Beverage License Transfer

01 .355.080 Beverage licenses

01.355. 100 Volunteer Fire Relief Allocation

01.355.11 0 State Aid For Pensions

01 .355.120 PennDOT Plowing Contract

NEWTOWN TOWNSHIP

2024 BUDGET

GENERAL FUND

REVEN UES

2022 2022

BUDGET ACTUAL

S 3,2 16,345 S 4,359,165 S

S 1,539,000 S 1,531,776 S

200 96

2,500 3,846

12,500 12,500

2,000 1,780

S 1,556, 200 S 1 549998 $

S 4,800,000 S 5,746,600 S

2,000,000 2,081,346

125,000 441,182

5,000 1,238

800,000 1,083,024

470,000 467,429

S 8,200,000 $ 9,820,819 S

S 3,500 S 5,400 S

2,500 3,300

15,000 16,950

496,000 441,163

36,000 36,703

3,200 1,775

S 556,200 S 505,291 S

S 12,000 S 25,914 S

S 45,000 S 39,617 S

15,000 6,759

S 60,000 S 46,376 S

S 25,000 S 25,960 S

45,000 49,932

S 70,000 S 75,892 S

S 9,000 S 11,794 S

1,000

3,200 300

116.000 160,444

425,000 476,602

20,409 15,304

$ 573,609 S 665,444 S

Page 1

2023 '2023 2023 2024

BUDGET YR TO DATE YR END EST BUDGET

3,955,953 S 5,657,158 S 5,657,158 S 4,134,661

1,491,683 S 1,506,525 S 1,521,000 S 1,488,690

200 115 200 200

2,500 8,766 8,500 3,000

12,500 10,000 12,500 12,500

2,000 1,235 2,000 2,000

1,508,883 $ 1,526,641 $ 1,544,200 $ 1,506,390

5,100,000 S 4,234,118 S 5,100,000 S 5,000,000

2,000,000 1,287,135 2,000,000 2,000,000

150,000 258,458 350,000 200,000

1,000 (12,593) 1,000

700,000 81 1,452 900,000 800,000

515,000 320,490 470,000 475,000

8,466,000 S 6,899,060 S 8,820,000 $ 8,476,000

3,500 S 3,900 S 4,000 S 3,500

3,000 1,800 3,000 2,500

15,000 13,950 15,000 18,000

425,000 212,417 425,000 425,000

25,000 33,715 36,000 30,000

2,000 3,950 3,500 2,000

473,500 S 269 73 2 $ 486,500 $ 481,000

12,000 S 34,000 S 35,000 $ 24,000

45,000 S 31,320 $ 40,000 S 45,000

10,000 3,010 7,500 7,500

55,000 S 34,330 S 47,500 $ 52,500

10,000 S 11 0,855 S 140,000 S 100,000

65,000 25,938 50,000 65,000

75,000 S 136,793 $ 190,000 S 165,000

9,000 S 11,382 S 10,000 S 10,000

1,000 1,000 1,000

3,200 4,500 4,500 3,200

116,000 159,422 159,422 116,000

425,000 571 ,1 33 571,133 425,000

20,816 20,409 21,000

574,016 S 747437 S 766,464 S 576,200

10/24/2023