The Township's fiscal year shall commence on the first day of January of each year, pursuant to the Second Class Township Code.[1] Should this Code change, the fiscal year will automatically change.
[1]
Editor's Note: See 53 P.S. § 65101 et seq.
Upon the advice and recommendation of the Township Manager and Finance Director, the Board of Supervisors shall approve by resolution all necessary funds to finance the Township's operating and capital operations. This resolution may be amended from time to time as situations warrant.
The Township Manager, in coordination with the Finance Director, shall prepare an annual budget in compliance with Section 3202 of the Second Class Township Code.[1]
A. 
On or before the date of December 1 of each year, the Township Manager shall prepare and submit to the Board a balanced, annual budget for all funds for the ensuing fiscal year, including a budget transmittal letter. This letter shall outline the proposed financial policies for the ensuing year, describe important budget features, indicate any major changes in spending patterns and make a general fiscal forecast of at least five years and include such other material as the Board may require or as the Manager deems desirable.
B. 
The budget document shall provide a complete financial plan of all municipal funds and activities for the ensuing fiscal year. Except as required by statute, the plan shall be in such form as the Manager deems desirable or as the Board may require. The budget document shall provide that each fund is balanced and that the total of proposed expenditures shall not exceed the total of the estimated revenue and available fund balance.
C. 
The Township Manager shall prepare and include, as a separate component of the annual budget, a program of capital expenditures, including a five-year capital improvement program of a nonrecurring and long-range nature.
D. 
The Board shall advertise once in one newspaper of general circulation in the Township that the proposed budget is available for public inspection at a designated place in the Township. After the proposed budget has been available for public inspection for 20 calendar days, the Board of Supervisors shall, after making appropriate revisions, adopt the final budget not later than the 31st day of December. The final budget must be balanced. The total budgetary appropriation shall not exceed the estimated revenues for the fiscal year.
E. 
If the Board decides to amend the budget before adoption and the value of the amendments exceed 10% in the aggregate or more than 25% in any major category over the proposed budget, then the budget will need to be advertised again, following the same procedures outlined in § 5-36D.
F. 
During the month of January following any municipal election, the Board of Supervisors may amend the budget and the levy and tax rate to conform with its amended budget. Any amended budget must be adopted by the Board of Supervisors on or before the 15th day of February.
[1]
Editor's Note: See 53 P.S. § 68202.
The Township Manager shall designate, subject to the Board approval by resolution, the depositories of all Township funds.
The Township Manager shall establish a comprehensive purchasing policy, subject to Board approval by resolutions that will cover the acquisition of goods and services by all Township departments, subject to the provisions of the Second Class Township Code.[1]
[1]
Editor's Note: See 53 P.S. § 65101 et seq.
The Township Manager shall establish a policy, subject to Board approval by resolution, for the disposal of unneeded, obsolete or surplus equipment, subject to parameters established by the Second Class Township Code.
A. 
The Board shall provide for an independent annual audit of all Township funds by a qualified outside auditor registered in Pennsylvania, as provided for in the Second Class Township Code.
B. 
This auditor shall have no personal interest, direct or indirect, in the fiscal affairs of the Township government or of any of its elected or appointed officials. Said appointment shall be made prior to the close of the fiscal year, and such independent auditor shall have and possess all the powers and perform all the duties provided by law for elected auditors.
C. 
The compensation of such independent auditors shall be fixed by resolution of the Board or by the ordinance adopting the annual budget. The Board may provide for more frequent audits, as well as special audits, as it deems necessary. The auditor's report, together with the auditor's recommendations of the annual report, and a complete financials statement of the fiscal affairs of the Township, shall be presented to the Board. A summary of the financial statement and auditor's recommendations of the general audit shall be published in at least one newspaper of general circulation in the Township following receipt of the auditor's report by the Board.