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Board authorizes advertisement of 2025 draft budget, adopts interfund transfers resolution

Upper Hanover Township Board of Supervisors · November 12, 2024
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Summary

Supervisors reviewed the 2025 draft budget and unanimously authorized advertisement for public comment; they also adopted Resolution 2024‑38 authorizing 2024 budgeted interfund transfers and approved a large bond reduction request.

Ben Fiorito, chair of the Budget & Finance Committee, presented and summarized the Township's 2025 draft budget. The Board voted unanimously to authorize advertisement of the proposed budget for public comment and scheduled consideration of adoption at the Dec. 10, 2024 regular meeting.

The Board adopted Resolution No. 2024‑38 authorizing the 2024 budgeted interfund transfers. In the engineering report the Board also approved Improvements Surety Bond Reduction #2 in the amount of $1,424,209.62 for completed construction items, moving substantial surety back into available funds pending completion and inspection.

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