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Whitpain reports modest surplus for 2025 and positive tax collection trends in 2026
Summary
Manager Eric Traub said Whitpain closed 2025 about $130,000 better than expected due to lower expenditures and strong building permit and transfer tax activity; for 2026 earned income tax collections are exceeding expectations while local services tax and transfer tax are lagging slightly.
Township Manager Eric Traub reported that Whitpain's General Fund finished fiscal year 2025 approximately $130,000 better than projected. Traub said revenues finished slightly below year‑end estimates but above budget and that expenditures came in below both budget and forecast, driven in part by stronger building permit activity, zoning fees and real estate transfer taxes that offset weaker earned income and real estate tax receipts.
Looking at 2026, Traub said earned income tax collections are exceeding expectations and property tax receipts are on target, while local services tax and real estate transfer tax collections are currently lagging but typically strengthen later in the year. He noted that winter weather operations, emergency traffic‑signal repairs and reimbursable police detail costs were higher than forecast for 2025 and that staff will continue to monitor assessed value changes and property tax appeals.
