Coatesville to continue operating under 2014 budget
Council delays budget workshop to next month, looks to solve financial woes
By Kyle Carrozza, Staff Writer, The Times
COATESVILLE – The city will continue to operate off of the 2014 budget in February after city council postponed passing a 2015 budget on Wednesday.
Council had originally planned to hold a regular meeting Monday of this week night and a budget meeting Wednesday night, but due to...
UCF board is on the clock with various fiscal issues
2015-16 budget, bond refinance and renovation plan face time crunch
By Karen Cresta, Correspondent, The Times
EAST MARLBOROUGH – The Unionville-Chadds Ford (UCF) Board of Education work session on Monday night took over three hours of time to cover many time-sensitive issues.
One of the issues was to approve the preliminary budget for 2015-2016 school- year in the amount of $80,901,704. Robert...
City Council must do the hard thing Monday night
Council must pass a budget that slows ‘burn rate’ from trust fund
By Mike McGann, Editor, The Times
COATESVILLE — For a while, it looked like City Council would suck it up and do the right thing — the hard thing — that for nearly a generation its predecessors couldn’t find a way to do: begin to ween the city off the trust fund and edge toward more financially responsible operation.
Now,...
Coatesville council reaches dead end in 2015 budget talks
City council considers not passing balanced budget by end of year
By Kyle Carrozza, Staff Writer, The Times
Coatesville Finance Director John Marcarelli runs the numbers for next year’s budget.
COATESVILLE – City Council reached an impasse in 2015 budget discussions at Friday night’s workshop and will look into the ramifications of not passing a budget by the end of the year.
After making...
Coatesville budget vote signals real progress
Kudos to City Council for stepping up to address fiscal mess
By Mike McGann, Editor, The Times
In a world of typically boring municipal budgets, the City of Coatesville is about to get very interesting.
Monday night, the City Council voted to approve a preliminary budget for 2015 that does two seemingly impossible things: it doesn’t raise property taxes and it doesn’t dip into the city’s dwindling...
Downingtown council passes $7.66M budget for 2015
Budget increases by $165k, but borough announces no tax increase
By Kyle Carrozza, Staff Writer, The Times
DOWNINGTOWN – Borough Council passed a $7,664,654 budget for 2015 at Wednesday night’s meeting. The budget will not raise taxes from the current 7.65 mills rate and includes a projected $665,925 surplus.
The surplus is down from 2014’s $679,043 projection and the $815,756 actual surplus....
UCF Board work session is full of energy
Session focuses on health and wealth of the buildings…and students
By Karen Cresta, Correspondent, The Times
EAST MARLBOROUGH — Rick Hostetler, Unionville-Chadds Ford School District Supervisor of Buildings and Grounds, reported to the Board of Education on the status of the facilities, focusing on energy costs and savings, during the board’s work session Monday night.
One of the action items...
Downingtown sees $171-476k expenditure increase for 2015
Borough $815k under budget for 2014, expenses to go up next year
By Kyle Carrozza, Staff Writer, The Times
DOWNINGTOWN – Borough Finance Director Judith Walters said that the borough anticipates an $815,000 surplus for 2014 when the borough council reviewed budgets at Wednesday night’s meeting.
Walters said that the surplus came from various hires that were budgeted but not made as well as police...
Coatesville council OKs $1.85M transfer from city trust
Amidst opposition, Coatesville borrows money for municipal operations
By Kyle Carrozza, Staff Writer, The Times
COATESVILLE – Four city councilors voted for and two voted against allotting $1.85 million from the City Reserve Trust to pay for city operations at Monday night’s city council meeting — meaning the city will not have to resort to layoffs or service cuts to make it through the remainder...