2010 BUDGET

UPDATE

Township of Washington

Mayor Matthew P.

Lyons

Here’s What We are Facing 2010

Revenue DecreasesState Aid $ 822,995

Construction Fees $ 126,242Recycling Fees $ 121,574Reimbursement School Resource Officer

$ 100,000

Interest on Investments $ 137,300Loss of Surplus $ 2,200,000Total $3,508,148

Here’s What We are Facing 2010

Cost Increases Snow Costs $ 566,058

Pension $ 270,000

JIF Premium $ 123,694

Trash Contract $ 100,000

Salary Contractual Increase $ 44,761

Health Insurance $1,599,870

Total $2,704,383

Here’s What We are Facing 2010

Cost Increases Total $2,704,513

Revenue DecreaseTotal $3,508,148

$6,212,661 to begin the budget in the hole

Budget Savings 2010PERSONNEL ATTRITION SALARY/BENEFITS

1- Confidential Aide $63,1793- Clerical Positions $ 141,1043- Sub Code Inspectors $ 220, 0861- Sergeant $102,4012- Patrolman FC $175,6101- Captain $126,2441- Corporal $94,8404 – New Hires -130,7246 – Public Works $345,570Total Savings $1,138,000

* Represents costs of total salaries reduced

Salary Expenses are Down 2010Year Total Salaries Increase or Decrease

2000 $ 9,887,731

2001 $ 10,553,185 $ 665,454

2002 $ 10,338,500 $(214,685)

2003 $ 10,893,775 $555,275

2004 $ 11,772,131 $ 878,356

2005 $ 12,644,921 $ 872,790

2006 $ 12,707,637 $ 62,716

2007 $ 12,898,783 $ 191,146

2008 $ 13,279,126 $ 380,343

2009 $ 13,718,345 $ 439,219

2010 $ 12,771,593 $(946,752)

Budget Savings 2010

Salary Attrition $ 946,000

Cancellation of 4th of July Parade $ 60,000

(4) Furlough Days/ Reduction in Hours

$ 80,553

Contribution to Health Insurance

$ 81,000

Total $1,169,000

Tax Impact – Local Only

Home is Assessed at: Local Tax Increase

129,126 $103.30

150,000 $120.00

200,000 $160.00

250,000 $200.00

2010

What we are Working On 2010

• Condense and Centralize all Office Supplies to eliminate duplicate purchasing

• Transition to a Paperless Environment to save on Photocopying Costs and Paper Costs

• Sale of the Margaret E. Heggan Library • Upgrading Computer Systems to make

government more efficient