Budget Overview
Each year, the New Sewickley Township Board of Supervisors is charged with the responsibility of enacting a balanced budget. The budget summarizes the revenues and expenditures the Township Administration expects to encounter during the course of a fiscal year. While the administration and the Finance Department strive to ensure that the Township does not go over budget, there can be unforeseen circumstances that arise during the course of the year.
Budget Process
Beginning in October, additional workshops are held with the staff members to begin meeting with the Board of Supervisors to outline and prepare the next year’s budget. The budget is broken up by revenue, expenditures and fund reserve, which make up the total available monies for the year.
The Township’s main revenues come from real estate taxes, local taxes, licenses and permits, fines, interest, state shared revenue and departmental fees.
Budget expenditures are broken up by department and include all expenses, including salaries, insurance, workers compensation and purchases.
Oil and Gas Drilling Impact Fees
| YEAR | AMOUNT RECEIVED |
|---|---|
| 2011 | $2,553.00 |
| 2012 | $6,218.15 |
| 2013 | $28,197.71 |
| 2014 | $75,669.13 |
| 2015 | $75,430.52 |
| 2016 | $104,106.34 |
| 2017 | $174,563.83 |
| 2018 | $218,600.95 |
| 2019 | $222,430.05 |
| 2020 | $146,762.99 |
| 2021 | $245,401.93 |
| 2022 | $288,076.04 |
| 2023 | $168,022.87 |