At the Addison Township Annual meeting on March 27, the Board of Trustees unanimously approved the budget for the 2010-11 fiscal year.
The township will be operating with an estimated $1,234,750 in revenue and expenditures totaling $1,234,339, leaving a positive balance of $411.
‘Our budget is in very good shape. We have managed it very well,? said Addison Township Supervisor Bruce Pearson. ‘We have an excellent treasurer who is up-to-date.?
Pearson noted that the Township is in good financial shape not only for this year, but also for the 2011-12 fiscal year.
He said that budgets did get trimmed in the offices and fire department.
He noted that they saved funds by not replacing employees when they left for various reasons and that they were doing a lot more work in house.
‘We are doing a lot more in-house versus hiring professionals, which raises the bar for us because we are able to do that and our people are trained for that,? he said.
He added that their professional contracts were coming back cheaper, allowing them to save additional funds.
The board also approved several other budgets.
The fire operational budget has estimated revenues of $924,900 with expenditures of $924,900, leaving a balance of $0. The fire capital revenue is an estimated $326,349 with expenditures of $326,349, leaving a balance of $0. The police fund has an estimated revenue of $1,193,001 with expenses of 1,061,519, leaving a balance of $131,482.
Overall, the estimated revenue of the townships funds is $3.679 million with $3,547,137 in expenses, leaving a total balance of $131,863.
The Township Supervisor and Treasurer will each make $42,933 in salary and benefits.
The Clerk will receive $38,132.70 plus an $16,100 for additional duties related to land development (adopted in 2002), bringing the clerk’s total salary and benefits up to $54,232.70.
The Board also voted to keep the tax millage at it’s current levels. The total mills for Addison is set at 8.1182.
The general operations millage is set at 1.0748 mills; 2.2344 mills for the fire department operating, 0.75 mills for fire capital, 3.4874 mills for police and 0.5716 mills for library operations.
A copy of the 2010-11 Addison Township budget is available at the township offices, located at 1440 Rochester Rd. in Leonard.