Morrisville Borough Council preliminarily approved its 2026 budget, which will call for a 21 percent real estate tax decrease for homeowners in the municipality officials announced at Monday night’s council meeting.
Interim Borough Manager Jim Dillon presented the news during the manager’s report section of the meeting which was greeted with nods of agreement and smiling faces of members upon hearing the news.
Dillon who is also working on the finer details of a 2026 spending plan for his day job as manager of the borough also bullet-pointed some of the highlights of the proposed 2026 spending plan this week.
The proposed budget calls for an overall budget decrease of 10.5 mills which represents a 21% real estate tax millage decrease for the community if passed for 2026. The proposed decrease is possible to implement in part due to the investment earnings increase, Dillon explained.
“In 2023, the general fund investment earnings under your prior full-time manager was $3,100. In 2024, under your interim part-time manager, the general fund interest earnings rose to $122,000. It is anticipated that the general fund interest earnings in 2025 will surpass $220,000,” Dillon said.
The budget calls for an increase of 0.5 mills in the library tax to four mills overall. This increase in millillage will help address the year-end 2023 deficit of $69,000, Dillon said.
Overall the proposed 2026 spending plan comes a shade over at $8.244 million a. The 2025 budget that Dillon also devised came in slightly over $6.276 million. Chief of Police Ciampa’s salary will increase from $142,800 to $144,800 in 2026 as part of a yearly COLA adjustment that is part his contract with the borough.
The Police Department is budget at is projected to be slightly more than $2.301 million in 2026 a nominal increase from 2025.
Council will seek to approve the 2026 fiscal plan at their December meeting
Recent Comments