Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lansdale finance committee previews sewer rate resolution, outlines payroll timing and reimbursement gaps
Summary
Council committee reviewed new financial reporting layout, a $1.1 million year-to-date revenue shortfall tied to timing of payroll and tax collections, and plans to publish a sanitary sewer rate resolution to explain 2023 forecasts and scheduled increases.
Councilwoman Carrie Oglesby, chairing the administration and finance committee, said the committee reviewed a revised financial-reporting layout and discussed a shortfall in year-to-date revenues caused primarily by timing differences in payroll and tax collections.
“The April payroll was paid April 3,” Oglesby said, noting that April is typically the borough’s largest tax-collection month. She said the committee was about $1,100,000 behind on revenues as of March 31 but also below planned spending for the year.
The nut graf: the committee said a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
