Click Below to Access the 2012 Aldan Borough Final Budget
A unanimous vote by the seven Aldan Borough Council members increased the Borough’s 2012 Property Tax rate by 8% to 6.111 mills. That equates to a tax of $611.10 for the average home assessed at $100,000.
The 2012 hike when added to increases for 2010 and for 2011 equals a 16% rise in the property tax rate since 2009. For the average home owner (with a $100,000 assessment), this increase equals an additional $85 over the 2009 tax amount.
In addition to raising the property tax rate, sewer fees were increased by 9.7% to $329 per unit. The trash fee will remain at $140.42 per unit.
The average homeowner (with a $100,000 assessment) will pay an overall 7.4% increase in 2012 to $1,080.52 for all municipal services.
Since 2008, the average Aldan resident (home assessment of $100,000) has seen a $154.73 rise in taxes and fees paid to the Borough. That equates to a 16.7% increase in taxes and fees during that time.
For the second year in a row, the largest percentage decrease in the budget, -14.9% for the year, was absorbed by the Historical Commission and the borough parks, down 27.8% over the two years.
The largest percentage increase for 2012, +13.6%, was in the Law & Ordinance budget which includes code enforcement and inspection costs.
Police expenditures remain the largest annual expense at almost 40% of the total.
The final 2012 budget total of $2,401,098.00 represents a 3.3% increase from 2011.
In addition to the annual revenues, Aldan Borough has reserve funds (i.e., savings accounts), which total $783,455.51 as of the budget passage date, 12/14/2011. Those reserves equal 32.6% of the total 2012 budget and are not included in 2012 revenues or expenditures.
For the full budget please click on the pdf icon below.
The 2012 hike when added to increases for 2010 and for 2011 equals a 16% rise in the property tax rate since 2009. For the average home owner (with a $100,000 assessment), this increase equals an additional $85 over the 2009 tax amount.
In addition to raising the property tax rate, sewer fees were increased by 9.7% to $329 per unit. The trash fee will remain at $140.42 per unit.
The average homeowner (with a $100,000 assessment) will pay an overall 7.4% increase in 2012 to $1,080.52 for all municipal services.
Since 2008, the average Aldan resident (home assessment of $100,000) has seen a $154.73 rise in taxes and fees paid to the Borough. That equates to a 16.7% increase in taxes and fees during that time.
For the second year in a row, the largest percentage decrease in the budget, -14.9% for the year, was absorbed by the Historical Commission and the borough parks, down 27.8% over the two years.
The largest percentage increase for 2012, +13.6%, was in the Law & Ordinance budget which includes code enforcement and inspection costs.
Police expenditures remain the largest annual expense at almost 40% of the total.
The final 2012 budget total of $2,401,098.00 represents a 3.3% increase from 2011.
In addition to the annual revenues, Aldan Borough has reserve funds (i.e., savings accounts), which total $783,455.51 as of the budget passage date, 12/14/2011. Those reserves equal 32.6% of the total 2012 budget and are not included in 2012 revenues or expenditures.
For the full budget please click on the pdf icon below.
