Published November 20. 2013 11:00PM
Hellertown Borough council unanimously approved the 2014 preliminary budget at its recent meeting.
According to borough Manager Cathy Hartranft, the proposed budget maintains the current real estate tax rate at 18.75 mills and the current fire tax rate. Hartranft said the real estate tax is the borough's largest revenue source.
"We feel that revenue this year is exceeding expectations," Hartranft said. "The economy is picking up."
Councilman Tom Rieger concurred with Hartranft, saying this past year a stronger economy, as compared to the past four years, has led to the borough's financial strength.
Hartranft said the economic boost is attributable to several factors, including increases in earned income, transfer fees and permit applications.
"There's definitely an increase in permits," Zoning and Codes Officer Kris Russo said. "It's definitely a sign the economy is picking up."
Russo also said there's been more development occuring in the borough, unlike in years past.
General fund expenses in the 2014 budget are projected at $3,805,000. Recylcing and garbage fees are expected not to increase due to a reduction in landfill dumping fees.
The final budget will be voted on within the next month.