Finance presenter (Speaker 4) presented the Yeadon Borough preliminary 2026 budget and asked the council to advertise it for public comment. The presenter told the council, "this particular budget does represent a 1 and a half mill increase," citing factors such as contract costs in public works and police, a near‑9% rise in health care costs, insurance premium increases and higher charges from regional authorities.
The presenter gave assessed value figures and revenue projections: assessed value reported as $563,874,698; projected general fund revenue of $11,289,364 and proposed departmental expenditures of $11,264,364, which the presenter said would yield a balanced budget as presented. Line items cited included police ($5,464,047), highway/maintenance and general services (line figure reported in the presentation), recreation and debt service. The presenter also noted the budget assumes full staffing on Jan. 1 and anticipates reimbursements (including more than $100,000 expected for police reimbursements over time).
Councilors asked detailed questions about whether the millage increase would persist in future years, reimbursements and insurance deductibles. The presenter said longer‑term cash projections were being prepared and that contracts once approved would lock costs for a period; he also said experience over the last three years could reduce deductible impacts moving forward.
Council approved a motion to advertise the 2026 preliminary budget for public comment and scheduled a budget hearing for the first Thursday in December at 6 p.m. The presenter said additional public presentations will provide more context on reimbursements and department revenue assumptions.
No final tax rate was adopted at the meeting; the council voted only to advertise the preliminary budget and solicit public comment before final adoption.