In accordance with Radnor Township's Charter, the Township administration submits and presents annually to the Board of Commissioners a proposed comprehensive budget for the ensuing fiscal year, comprised of a proposed operating budget and a proposed 5 year capital program.
The 2017 operating budget includes an appropriation budget for all Township funds for 2017, an updated 2017-2022 capital improvement plan, and an updated five year financial forecast which projects revenue and expense outcomes through 2022. It is important to note that the legal requirement of adopting appropriations is limited to the 2017 figures only. The forecast information is for informational and decision making purposes only.
The process used to develop the 2017 Board Adopted Comprehensive Budget included a comprehensive look at all the financial areas of the Township’s operations, levels of service, capital needs, and resource availability. The Board of Commissioners held various public hearings in October and November where they heard from various members of the public, community organizations, and Township Staff before voting on the final budget Ordinance.
2017 Board Adopted Comprehensive Budget -- December 12, 2016 - This is the Board Adopted Comprehensive Budget which combines the Township Manager’s Recommended Budget (v2) with the various motions approved by the Board of Commissioners during the public hearings. The budget was adopted under Ordinance 2016-15 on December 12, 2016.
2017 Initial Forecast Document - Presented as a launching point for the remainder of the 2017 budget discussions, this document includes forecast information for all the Township’s governmental funds as well as new General Fund Departmental dashboards.