Oakmont's proposed budget avoids tax hike for third year in a row
Oakmont's property tax rate would stay at 3.73 mills under a proposed 2018 budget presented by Borough Manager Lisa Cooper Jensen at a recent workshop.
Revenue and expenses are balanced at approximately $4.35 million in the spending plan.
“The borough's been managed soundly, and we have just been very frugal with how we've approached needs and evolving issues in the community,” council President Thomas Briney said.
The borough has not had a tax increase for two years.
Some items in the budget include $57,800 for computer-related items for the administrative offices and the police department; $25,000 for a traffic study for Allegheny River Boulevard, Allegheny Avenue, Third Street, Cedar Way and Hulton Road; and $85,000 for building restoration and maintenance.
The budget also includes a 3 percent wage increase for six employees not governed by a collective bargaining unit, and between 2.5 and 3 percent increases for union employees.
Jensen said there were some “big ticket” items for council to consider for 2018 that have not been budgeted yet.
They include $36,000 for a police vehicle, $1.4 million for a ladder truck for the fire department, $90,000 for a one-ton dump truck for the street department and $70,000 for resurfacing the track at Riverside Park.
“The primary thing is to make sure that we're operationally sound, and that we look at our general fund balance and match it with both departmental requests and needs,” Briney said. “We do want to take on, carefully, longer term commitments that are facing the borough.”
One mill generates $516,405 in revenue for the borough. Oakmont's median home value is $137,000.
The preliminary budget is posted on the borough's website, oakmontborough.com . A budget workshop is 9-11 a.m. Saturday in council chambers.
Michael DiVittorio is a Tribune-Review staff writer. Reach him at 412-871-2367.