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After keeping property taxes stable this year, Forks Township supervisors said avoiding a tax increase next year will be nearly impossible. The board agreed to craft a seven-year financial plan to analyze spending and save more money. The plan will be discussed at a special meeting scheduled 7 p.m. Thursday. “We need to work through it and come up with a financial draft,” Supervisors Chairman Erik Chuss said Wednesday. The township has an $8 million budget and approximately $9 million in debt, Chuss said. He said if the township incurs no future debt, the municipality could be debt free within 15 years. Click here to read the article.
After keeping property taxes stable this year, Forks Township supervisors said avoiding a tax increase next year will be nearly impossible.
The board agreed to craft a seven-year financial plan to analyze spending and save more money. The plan will be discussed at a special meeting scheduled 7 p.m. Thursday.
“We need to work through it and come up with a financial draft,” Supervisors Chairman Erik Chuss said Wednesday.
The township has an $8 million budget and approximately $9 million in debt, Chuss said. He said if the township incurs no future debt, the municipality could be debt free within 15 years.
Click here to read the article.