Lawrence Township Manager and Chief Financial Officer, Richard Krawczun, released his 2017 municipal budget recommendations at Tuesday’s town council meeting. After adjusting for grants, the billing increase from the Ewing Lawrence Sewerage Authority (ELSA), and a one-time appropriation funded by the use of additional surplus, the recommended budget of $44,357,350 will be $511K higher than in 2016, an increase of 1.19%.
Krawczun’s efforts in bringing the township back to financial health was voiced repeatedly by council members when reviewing the budget’s marked debt reduction to $18M from $31M in 2010, an unchanged tax rate of .527 for the fourth consecutive year, and despite flattening of state aid, a surplus that will increase by $2.4M to $11.7M.
“This is by far the largest surplus that we’ve had since 1995,” said Council member Cathleen Lewis.
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