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Township reports modest surplus, highlights EV charging station plan
Summary
Township staff reported a fiscal-year surplus of $85,272 (not counting March tax receipts) at 25% of the fiscal year elapsed and listed fund balances; staff also said Stellaris would cover the cost of proposed EV charging stations at several township sites.
Staff presented the Township's fiscal overview: at 25% of the fiscal year elapsed, the Township reported a current surplus of $85,272 (the figure does not reflect taxes collected in March). Revenue highlights included earned income tax (EIT), local services tax (LST) and permit/inspection fees. The opioid abatement balance was reported as $66,635.46. Treasurer Horn's submitted fund-summary showed a General Fund balance of $5,446,127.68 as of March 31 and other fund balances across sewer, capital reserve and pension accounts.
Mr. Bobst also noted a potential EV charging program: Stellaris has offered to cover all costs to install EV charging stations at potential locations including Jeffersonville Golf Club, Centennial Park and Padden Park. The board discussed the opportunity and noted it could benefit township visitors and the golf course; no procurement action was taken at the meeting.
