Oakmont budget features increased spending, stable tax rate
Spending to improve parks is one of the highlights in Oakmont's recently adopted 2018 budget that includes a property tax rate of 3.73 mills, unchanged from last year.
The budget lists revenues of about $4.45 million, an increase of about $130,000 from 2017, and spending of $5 million. Council balanced the budget by covering the $638,000 shortfall with unallocated money from its general fund.
The borough has not had a tax rate increase for two years.
“We've been able to accumulate funds to pay for really needed items,” Councilman Thomas Whalen said. “Oakmont's in pretty good shape.”
The budget includes spending for the following:
• $61,000 for a pump track for off-road bicycling at Creekside Park.
• $128,000 for paving some of Allegheny River Boulevard.
• $100,000 for improvements to Dark Hollow and other borough parks.
• $65,000 for stormwater projects.
• $70,000 for resurfacing Riverside Park's lower level pedestrian track.
• $15,000 for Riverside Park baseball field restoration.
• $90,000 for a one-ton dump truck for public works.
The budget also includes a 3 percent wage increase for six employees not covered by a collective bargaining unit, and between 2.5 and 3 percent increases for union employees.
Council moved a $36,000 police vehicle purchase to 2019 and passed on allocating $1.4 million for a ladder truck for the fire department as part of the budgeting process.
The budget is available for viewing at the borough building, 767 Fifth St.
Michael DiVittorio is a Tribune-Review staff writer.