2020 Budget Breakdown
|Real Estate||$ 484,825|
|Deed Transfer||$ 7,500|
|Income Tax||$ 316,000|
|Sales Tax||$ 16,000|
|Liquid Fuels||$ 50,446|
|Tax Collection||$ 4,500|
|Public Safety||$ 249,092|
|Capital Improvement||$ 78,500|
Click here to view the approved 2020 Budget
In 2020, Bradford Woods Borough is proposing to increase the tax rate to 3.375 mills to cover an increase in road construction costs and other expenses such as legal costs and police protection. The Borough is also planning on purchasing a truck in 2020 to replace the current truck. The Borough last raised the tax rate in 2015, also due to increased road construction costs. However, new federal and state stormwater management regulations in 2016 forced the Borough to reallocate road construction budget dollars to offset the cost of the required pollution reduction plan. The average home in Bradford Woods Borough is valued at $241,350 per the Allegheny County Assessment Office, which means the rate change would be a tax increase of $215 for the average household.
With the new tax rate, the Borough is 3rd lowest of 82 Boroughs and 26th lowest of 132 municipalities in Allegheny County.
Bradford Woods Borough conducts a monthly review on their revenue and expenses to keep on track with the budget. The monthly reports serve to conduct a yearly trend analysis for the Borough. The Borough Manager is also the Treasurer and conducts the reports for Council as well as produces the yearly balanced budget. The Borough routinely evaluates ability to ensure that revenue is sufficient to maintain public infrastructure, i.e., road, water, sewer, stormwater (an asset management based budget system).