News Flash Home
The original item was published from 12/13/2020 12:35:00 PM to 1/14/2021 12:00:04 AM.

News Flash

Home

Posted on: December 13, 2020

[ARCHIVED] The Radnor Township 2021 Board Adopted Comprehensive Budget

2021 Board Approved Budget

On December 7, 2020, the Radnor Township Board of Commissioners passed the 2021 Comprehensive Budget with a 5-2 vote. Please CLICK HERE to view the 2021 Board Adopted Comprehensive Budget, which combines the Township Manager’s Recommended Budget with the various motions approved by the Board of Commissioners during public hearings. Many thanks to the Board of Commissioners for your efforts in adopting the 2021 Comprehensive Budget as well as to the Radnor Township Department of Finance for your continued dedication this (and every) budget season.

Please note the following items of importance when reviewing the 2021 Comprehensive Budget:

  1. Real Estate Taxes are revenue neutral to the Township.  As a result of the county-wide reassessment, millage rates were reset to the amount needed to keep real estate tax revenues the same in 2021 as 2020.  The Board recognized the impact that the reassessment is going to have on many Radnor Residents and passed a budget that didn’t result in higher taxes needed for the Township.
  2. Business Taxes are still unknown.  We’re all hoping that 2021 will allow the local economy to pick back up, allowing the Township’s business taxes to show some recovery.  However, to be prepared for anything, the 2021 budget holds on funding OPEB and capital until after the filing deadline for business taxes (May 15).  If revenues perform better than expected, the Board has committed to revisiting OPEB funding and will continue to evaluate capital funding options going forward.
  3. Services remain the same.  All things considered, due to fiscally responsible decisions and policies established over the past ten years, the Township has the financial flexibility to maintain essential services in 2021.  Police, Public Works, Community Development, Recreation, and Finance will all remain at current staffing levels and will continue their excellent service delivery. In anticipation of increased stormwater and sewer capital projects, the Board authorized the hiring of a Project Engineer, effective April 1, 2021. 
  4. Rates/ Fees
  • The 2021 millage rate will be 2.2837 (down from 4.4082 mills as a result of the reassessment, as noted above).
  • The 2021 sewer rate will be $7.85 per 1,000 gallons of water used as reported by Aqua (same as 2020).
  • The 2021 stormwater fee will be $29.00 per unit (same as prior years).

RADNOR TOWNSHIP DEPARTMENT OF FINANCE: The mission of the Finance Department is to professionally, ethically, and effectively manage the Township's financial resources by identifying, developing, advancing, and implementing fiscal, human resource, and administrative strategies, policies, and practices for the public's benefit.

Visit Radnor Township at: http://www.radnor.com Like us on Facebook: http://Facebook.com/RadnorTownship/ Follow us on Twitter: http://twitter.com/radnortownship Follow us on Instagram: http://instagram.com/radnortownship 

For more information, Press Only:

Molly Gallagher

Press Information Officer

610.688.5600 x 197


Facebook Twitter Email

Other News in Home

Radnor New Seal

Planning Commission Meeting Notice

Posted on: February 25, 2021
Trail Logo

March 2021: Radnor TAP Trail Breaks Ground

Posted on: February 24, 2021
melting pond ice

Winter Safety Tips & Information

Posted on: February 24, 2021
2021 Budget Presentation Pic

2021 Township Manager Recommended Budget

Posted on: October 25, 2020
Vacancy

Vacancies on Boards & Commissions

Posted on: May 29, 2019
Open Finance M

New Finance Transparency Program

Posted on: February 26, 2019
Radnor New Seal

Measles Fact Sheet

Posted on: April 25, 2019
Radnor New Seal

Suicide Prevention Survey

Posted on: April 12, 2019
Emergency Resident Parking

Emergency Resident Parking

Posted on: March 25, 2019
Analysis

County Line Road Corridor Analysis

Posted on: March 26, 2019
Radnor New Seal

New Grading Permit Application

Posted on: December 30, 2018
Notifications

Radnor Township Notifications

Posted on: February 12, 2018
Community

Submit A Community Event

Posted on: October 7, 2016
Parking

2019 Parking Permits

Posted on: November 30, 2018
Sponsor_thumb 1.png

Become a Community Event Sponsor!

Posted on: January 5, 2016
Twitter

Follow Us On Twitter

Posted on: January 26, 2016
Township Manager Recommended Budget -- v1 -- October 25, 2018

2019 Board Adopted Comprehensive Budget

Posted on: December 4, 2017
Curb My Clutter

Resolve To Recycle This New Year!

Posted on: February 22, 2019
Pick Up After Your Pet

Radnor Police Would Like To Remind You

Posted on: January 10, 2019
Radnor PD

Safe2Say Something Program

Posted on: January 11, 2019
Radnor PD

A Reminder To Everyone...

Posted on: January 8, 2019
Recycling

How To Recycle In Delaware County

Posted on: November 28, 2018
Stop The Bleed

Stop The Bleed

Posted on: October 31, 2018
Bike

Do We Have Your Bike?

Posted on: October 14, 2015