By John Chambless
After appproving the 2014 budget at their meeting on Dec. 16, the Kennett Township Board of Supervisors will see the township heading into the new year with a general fund beginning balance of $10.4 million on Jan. 1. That balance will raise slightly more than $3 million in revenue, absorb $4.22 million in expenses, and is expected to finish next year with and end-of-year balance of $10.11 million.
In light of the formation of the township's new capital plan, developed by the township's Business Advisory Committee to invest some of the township's surplus toward long-term needs over a 10- to 20-year period, the plan's fund will make $1.32 million in donations in 2014, which will include a contribution of $650,000 for the Longwood Fire Company for the purchase of a new fire truck, as well as make further donations to Kennett Fire Company. In addition, $130,000 will be pulled from the plan's budget to pay for a new dump truck for the township; $248,500 will be used to revitalize the stream bank at the Marshall Bridge Road vicinity; and $165,000 will be designated for paving throughout the township.
Among its larger expenditure items, the township is expected to designate $1.57 million toward sewer projects for the township, which include $300,000 each designated toward improvements at the Five Points and Creek Road extensions, as well as $100,000 towards the repayment of outstanding sewer fund loan.
The township will also designate $975,000 toward wages and benefits; $417,500 toward its fire ergency services; $316,100 toward its general operating budget; $280,000 toward its police department; and just under $200,000 to road and bridge maintenance.
Perhaps the most notable difference between 2013 and 2014 is reflected in the open space budget. The township projects that it will spend $931,500 in open space expenditures next year, a big increase over the $176,074 it expects to pay out this year.