How does a township justify a property tax increase (first in a decade) and then one year later include in a proposed budget line item of a 3.3M to fund a proposed synthetic regional field at Quarry Park? The answer lies primarily in 3 one time windfalls that led to one time additional monies this year. They can be categorized as:
-Real Estate Transfer Taxes
-Hamilton Crossings Recreation Fee money
-One time budget transfer of a surplus from the Solid Waste Fund. (refuse bills)
Whether or not spending this money on synthetic fields is the right decision is a topic for later this week. Here were some initial thoughts I had.
This video deals with explaining the 3 sources of 1 time money that led to a discussion about spending 3.3M at Quarry. Before we discuss spending or NOT spending the money it’s important to understand how we got it.