Middletown Township unveils balanced 2023 budget without tax increases

The Middletown Township Board of Supervisors held a meeting on November 14, 2022, to present the proposed budget for 2023, marking the beginning of the public input phase. The budget presentation, led by Miss Steely Kulz, highlighted that there would be no increase in real estate taxes for the upcoming year, continuing a trend of stability in tax rates.

Kulz noted that the township's finances have been significantly affected by the COVID-19 pandemic, which caused substantial revenue losses in 2020. However, the township received $4.7 million in federal funding from the American Rescue Plan Act, which helped offset these losses in 2022. The budget for 2022 is balanced, with $38.8 million allocated for operating costs and over $9 million for capital expenses.

A key focus of the budget is maintaining the general fund balance, which is crucial as contractual obligations are projected to outpace revenues. Currently, 88% of the general fund is dedicated to salaries, benefits, and pensions for township personnel. The township begins 2023 with a fund balance exceeding $59 million, with $11.9 million in the general fund, including $4.7 million in ARPA funding.

The meeting also addressed the township's ongoing infrastructure improvements, with a commitment to continue a 15-year road improvement program, allocating $1 million for 2023. Additionally, the township has successfully secured nearly $10 million in grant revenue since 2011, which has contributed to its financial stability.

The budget includes a proposed $2.9 million contribution to the police pension fund and $463,000 for the non-uniformed pension. The township plans to fill vacant positions and add one employee to the Department of Fire and Emergency Services, which is supported by four volunteer fire companies. The board has agreed to cover $80,000 in workers' compensation insurance costs for these fire companies.

Overall, the proposed budget reflects a balanced approach to maintaining services while navigating the financial challenges posed by the pandemic. The board will consider public input until December 12, after which a final vote on the budget will take place.