Budget information 2020-2021
Millage Information
Millage Information
Millage Information
What Is a Millage Rate?
Millage gets its name from the Latin word "millesimum," or "mill" for short, which means "thousandth part" (1/1000). The term millage rate is also referred to as the mill rate or the effective property tax rate.
A millage rate is the tax rate used to calculate local property taxes. The millage rate represents the amount per every $1,000 of a property's assessed value.
Assigned millage rates are multiplied by the total taxable value of the property in order to arrive at the property taxes.
One mill is equal to one one-thousandth of a dollar—or $1 for every $1,000—of property value. Millage rates are often expressed mathematically with the symbol %, as in 1%, which is one part per thousand, or 0.1%. Thus, 30 mills are the equivalent of $30 for every $1,000 of the assessed value of a property.
COMPARISON:
Millage rates of our neighbors:
Noyes .3
Grugan .4
Allison 1
Stewardson Township 2.5
Avis & Dunnstable 2.99
Mill Hall 3.95
Castanea 4
Keating 5
South Renovo 9
Lock Haven 9.05
Renovo 11.1
Budget Revenues
Millage Information
Millage Information
301 · REAL PROPERTY TAXES
301.10 · Real Estate Taxes- $150,000
301.40 · Delinquent Real Estate Tax $5,000
310.10 · Real Estate Transfer Tax $8,000
310.20 · Earned Income Tax $75,000
310.50 · Local Services Tax $8,000
Total 310 · ACT 511 TAXES $91,000
Total 300-319 · TAXES $246,000
320-322 · LICENSES & PERMITS
321.32 · Junkyard Permits $100
321.34 · Road Bond Permit $150
322.00· Road Cut/Driveway Permit $200
331.10 · Court District Magistrate $200
331.12 · Ordinance Violation Fine $-
331.13 · State Police Fines $800
331.14 · Renovo Police Dept Tickets $5,000
341.00 · Interest Income $4,000
342.20 · Room Rental $1
354 · STATE GRANTS/Loans $400,000
355 · STATE SHARED REVENUE $57,000
355.01 · PURTA $165
355.03 · State Road Turnback $22,800
355.04 Alcoholic Beverage License $400
355.07 · Foreign Fire Relief $5,100
355.09 · Act 13 Marcellus Shale $75,000
356.01 · Forest Reserves in Lieu $99,916
361.33 · Zoning Application Fee $1,500
361.34 · Zoning Hearing Fee $1,000
362.44 · Sewage Permits $500
Total 362 · PUBLIC SAFETY $500
379.00 · Water System Admin Fee $120
391.10 · Sale of Equipment $300
395.00 · Refund of Prior Expenses $4,000
Total 390 · OTHER SOURCES $4,300
Total 300 · REVENUES $1,281,336
Budget Expenditure
Millage Information
Budget Expenditure
400.05 · Elected Officials Salary $4,500
402.05 · Elected Auditors $90
402.31 · CPA Audit Billing $8,000
Total 402 · AUDITS $8,090
403.05 · Tax Collector Wages $5,000
403.23 · Tax Collector Postage $220
403.31 · Municipal Tax Billing $3,300
Total 403 · TAX COLLECTION $8,520
404 · LEGAL SERVICES $2,000
405.10 · Secretary/Treasurer $35,000
406.20 · Supplies $10,000
406.22 · Computer $1,500
406.23 · Postage $400
406.32 · Telephone/Web $3,000
406.33 · Mileage $1,000
406.34 · Advertising $1,400
406.42 · Dues, Membership $3,000
406.46 · Meetings, Seminars $3,000
406.50 · Contributions $1,200
409.15 · Wages Building Maint $12,500
409.36 · Utilites $7,000
409.37 · Building Repair $2,000
410.30 · Police Services $28,000
411.35 · Fire Company Insurance $7,500
411.54 Contribution-Fire Company $5,000
411.541 · Fire Relief Fund $5,100
412.35 · AMBULANCE SERVICE INSURANCE $285
413.10 · Wages-Enforcement $1,800
414.15 · Planning/Zoning Pay $4,200
414.33 · Mileage - Zoning Officer $1,000
Zoning Supplies Other $50
429.31 · Sewage Enforcement $1,000
430.12 · Road Crew Wages- - $85,000
430.33 · Vehicle Fuel $7,000
432.00 · Winter Maintenance $12,000
437.26 · Tools/Minor Equipment $12,000
437.75 · Machinery Major Equip $4,000
437.00 · Repairs to Machinery $8,000
438.00 · Bridge Maintenance (Bucktail) $700,000
438.00 · Road Maintenance (Main St) $735,000
452.00 · Ballfield/Concession Stand $500
454.00 · Summer Program Expenses $900
459.00 · Boat Launch Maintenance $500
450-459 · Recreation Area Upkeep - Other $10,000
481.10 · FICA-Township Expense $9,500
481.20 · MEDI-Township Expense $2,500
481.30 · Unemployment $3,000
481-484 · EMPLOYERTAXES - Other $1,000
486 · INSURANCE, CASUALTY, SURETY $22,000
Total 400 · EXPENDITURES $1,786,360
Monthly Meetings
Where Money Comes From
Budget Expenditure
Where Money Goes:
Where Money Comes From
Where Money Comes From
The majority of the expenses are Road and Bridge Maintenance.
Where Money Comes From
Where Money Comes From
Where Money Comes From
Orange: Income Taxes
Blue: Property Taxes
Green: PADOT Liquid Fuels and Turnback Funds, Act 13 Fund, Forest Reserves