Perkasie considers accelerating meter replacements; dump truck purchase may be delayed

Perkasie Borough Special Finance Committee · October 9, 2024

Summary

Borough staff told the Finance Committee that completing the meter replacement sooner would cost an extra $111,000 but could be funded by postponing a planned dump truck purchase; staff said meter-read equipment for older meters is no longer supported.

Borough Manager Andrea L. Coaxum and staff described a multi-year meter-replacement program during the Oct. 9 Finance Committee meeting and told members the current draft includes $160,000 for additional meters. Coaxum said the borough could increase that line by $111,000 to finish the program in 2025 because installations are progressing faster than expected.

"If Council wanted to move forward with the completion of the meter program in 2025, we could push off the purchase of the Dump Truck in order to help offset the increase in the budget," Coaxum said. Staff noted the equipment that reads older meters is no longer supported, making the replacement time-sensitive. Committee discussion focused on whether to reassign the $153,000 in reserves earmarked for a new dump truck and underground cable replacement or to seek other budget offsets.

No formal capital reallocation was approved during the session; council members asked staff for updated cost scenarios to weigh completing the meter program against delaying other purchases.

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