SHARPSVILLE — The borough’s proposed 2021 budget will keep property taxes at 25.17 mills.
Council plans to vote on the final budget at its next meeting, 7 p.m. Wednesday, Dec. 9, said borough Manager Ken Robertson.
Under the proposed budget, 2021 general fund expenditures are estimated to total $1,605,377, an increase of 12.63% from this year.
However, the proposed budget would keep property taxes steady at 25.17 mills for 2021, Robertson said. For a property owner with Sharpsville’s average assessed value of $18,500, this would mean a real estate tax bill of $465.65, unchanged from this year.
The borough faced some unexpected costs, including $8,000 to $10,000 for the COVID-19 pandemic. That included antiseptic cleaning of the borough building and vehicles. Sharpsville cleaned the borough building every day, Robertson said.
The borough will also pay more into the police department’s pension, with a figure based on fluctuations in the economy and an actuarial study done every two years, with the most recent performed around 2018. Sharpsville’s pension payment will increase by $32,000 in 2021, although Robertson said the figure could decrease in 2022.
Sharpsville has held off on capital expenditures this year in anticipation of decreased revenues partly because of the pandemic, Robertson said. Some projects that couldn’t be done this year — such as the paving of Church, Cherry, Shenango and Prospect streets — may be done next year instead.
The borough could replace its 14-year-old water utility truck next year, although Robertson said borough officials will wait to see how 2021 turns out before purchasing a new truck.
“We’ve definitely gotten our use out of it,” Robertson said.
But even if the real estate tax remains the same, residents will see an increase in their water rates. Sharpsville receives its water services from Aqua Pennsylvania, which passes its rate increases along to the borough.
The increase in 2021 would be less than two percent, Robertson said, which means a household that uses an average of 4,000 gallons of water a month would see their water bill increase from $48.82 to $49.28.
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