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Lower Pottsgrove board adopts preliminary 2025 budget, raises emergency reserve; no tax increase
Summary
The Lower Pottsgrove Board of Commissioners adopted a preliminary 2025 budget that raises the township emergency reserve to $1.641 million (about 20% of revenue) to address unfunded pension liabilities; the board also authorized advertisement of the budget and tax-rate ordinances and signaled phased reserve increases through 2027.
The Lower Pottsgrove Township Board of Commissioners voted unanimously on Nov. 21 to adopt a Preliminary Budget for Fiscal Year 2025 and to advertise related budget and tax ordinances without raising the real estate tax rate.
Commissioner Robert Mohollen, who moved the budget, said the township will increase its emergency reserve from the prior $1.4 million to $1.641 million in 2025, basing the amount on 20% of projected revenue. Mohollen and Commissioner Michael McGroarty said the reserve will be increased again to 22.5% in 2026 and to 25% in 2027 to improve the township’s ability to cover rising unfunded pension expenses.
The board also voted to advertise Ordinance No. 146-YY (the 2025 budget) and Ordinance No. 133-XX (the 2025 real estate property tax rate). Commissioner Mohollen noted the advertised tax rate represents no increase for 2025. Both advertising motions passed 4-0.
Why it matters: Township officials said the stepped increase in reserves is intended to reduce the budgetary pressure from pension liabilities and to build a larger cushion over time while maintaining the current property tax rate. Manager Edward C. Wagner and finance staff were thanked for preparing the budget presentation.
No detailed line-item changes or projected total revenue figures were specified in the meeting record. The board is scheduled to take additional budget-related steps as part of the formal adoption and advertising process; the advertisement starts the public-notice period required before final adoption.
