Based on our friend the ground hog, we have 6 more weeks of winter . .
January’s Board meeting was quite busy. We welcomed Dieter Amos as the newest member to the Board of Review. We passed a new Cemetery Ordinance with the help of Sharon Schultz. We wrapped up our budget work and approved the TLT pay schedule for 2025-2026 for our employees and elected officials. These will be presented at the Annual Meeting which will be held on March 11, 2025, at 6:00 PM.
The 2025-2026 budget is now posted on the website under the heading of “Annual Budgets” Budget Presentation: 2025-2026 Financial Draft Line-Item Detail.
February Board meeting will be held on February 18, 2025, at 7 PM. The draft agenda will be posted on the website after 4 PM on Thursday, February 13 and the Board package will be posted on the website on Saturday, February 15 after 4 PM
JANUARY YTD 2025 PRELIMINARY FINANCIAL RESULTS
Winter taxes started coming in during December and seem to be coming in at about the same rate as last year.
REVENUE $1,467,716 Below budget ($245,567) and below prior year by ($250,996)
EXPENSES ($2,048,069) Lower than budget by ($23,545) and higher vs prior year by ($310,148)
NET ($ 580,353) Loss is higher than budget ($269,113) and higher than prior year ($561,143)
The key driver to the negative results was that we took delivery of our new fire truck in November. The Township is running behind the budgeted amount of tax collected to date. We expect to meet our target tax receipts by the end of March.
TOWNSHIP MEETINGS: The ZBA meeting for February has been cancelled and the Planning Commission will be meeting on February 17 at 7 PM. Please check the TLT Website for more information.