Due Date
(no later than)
|
Budget Activity
|
Individual Responsible
|
---|---|---|
September 1
|
Obtain current year actual revenue and expenditure amounts and
project to year-end
|
Borough Manager
|
September 15
|
Compare annualized current year activity to current year budget
|
Borough Manager
|
September 30
|
Municipal pension obligation for the following fiscal year submitted
to Borough Council
|
Chief Administrative Officer of pension plan
|
October 1
|
Project revenue estimates for the following year's budget
|
Borough Manager/Accountant
|
October 15 to October 30
|
Preparation of proposed operating budget and Borough Manager
meetings with Finance Committee for initial review and comment
|
Borough Manager/Finance Committee
|
November Council Meeting
|
Presentation of proposed budget and budget message to Borough
Council (no later than November 15)
|
Borough Council
|
November (after presentation of proposed operating budget)
|
Advertisement that the proposed operating budget is available
for public inspection (must run minimum of 10 days before Council
action)
|
Borough Manager
|
Mid to End November
|
Council work session(s) to review proposed budget
|
Borough Council
|
December Council Meeting
|
Borough Council adoption of the annual operating budget, budgets
for all Borough special funds and the adoption of applicable tax legislation
|
Borough Council
|
December 31
|
Charter deadline to adopt all Borough fund budgets
|
Borough Council
|
January
|
In years following a municipal election, the adopted operating
budget may be amended, subject to the 10-day public notice requirement
and 7-day ordinance notice requirement
|
Borough Council
|
February 15
|
Deadline to adopt amended Budget Ordinance or resolution and
amended tax ordinance (only applicable in years following a municipal
election)
|
Borough Council
|
Due Date
|
Budget Activity
|
Individual Responsible
|
---|---|---|
June 30
|
Begin reviewing and developing 3-year capital plan and budget
|
Borough Manager
|
August 1
|
Submission of 3-year capital plan and budget to Borough Council
|
Borough Manager/Borough Council
|
October 1
|
Borough Council adoption of 3-year capital plan and budget
|
Borough Council
|