East Franklin Township supervisors served up a tax deduction just before Thanksgiving in their budget plans for next year.
Supervisor Chairman Barry Peters announced that taxes would be decreased from 6 mills to 5.75 in 2020.
“We have been talking about it for a couple of years now, so we felt this would be a good time to do it,” Peters said following the announcement. “We are making our payments; we have a new truck coming; we have a little left over – so we are doing fairly well. So I think it is time we give the residents a little relief.”
Revenues are expected to be $1,339,750 next year in General Fund and expenditures are at $1,337,066.
East Franklin was the first municipality to balance their budget with a tax decrease of .25 mills. Both Kittanning and Ford City boroughs anticipate using fund balances toward next year’s budget because expenses were more than income.
Interest earnings in 2019 was almost double of the amount budgeted, adding to revenues.
Supervisors also announced that there would be no increase in sewage fees in the township.