Skip to main content

Oxford Borough balances budget with no tax increase

12/22/2017 01:46PM ● Published by Steven Hoffman

Oxford Borough has prepared a budget for 2018 that will not require a tax increase.

Overall, the borough's expenditures are decreasing from one year to the next. The expenditures for 2017 were budgeted at approximately $3,719,000. The projected expenditures for 2018 are coming in at $3,490,000—a reduction in spending of about $250,000 when compared to the current year.

There are increased costs for fire, EMS, and ambulance service, most notably the ambulance costs that increased from about $22,000 in 2017 to $37,000 in 2018. The borough's insurance costs also went up.

But the borough was able to absorb these increased costs with a combination of growing revenues and some cost-savings elsewhere.

The borough's revenues increased as a result of some decisions regarding parking regulations. Parking fines and revenues generated from parking meters totaled about $90,000, a signficant increase over the previous year.

The borough was able to see some savings after purchasing new street lights that are more energy efficient. That saved the borough approximately $30,000.

The borough's millage rate will remain at 12.25 mills for 2018.

Oxford Borough Council will hold its first meeting in the new year on Tuesday, Jan. 2, 2018, when a new mayor, Lorraine Durnan Bell, and three new council members, Amanda Birdwell, Robert Ketcham, and Phillip Hurtt, will be welcomed on board. Council member Ron Hershey also won a four-year term in the November 7 election, and will be sworn in to office that same evening.

Oxford Borough is poised for a big year in 2018, with the construction of the new parking garage and transit center expected to get underway.

The borough has also boosted its codes enforcement operations and inspections. A sidewalk committee has been formed to help reach a consensus on regulations that would best meet the needs of borough residents. The goal is to make Oxford a walkable community with sidewalks that are safe for pedestrians.

“The things that we're doing will affect Oxford in a positive way for 40 or 50 years,” borough manager Brian Hoover said.

Like what you're reading? Subscribe to Chester County's free newsletter to catch every headline

Top Stories, Today
Chester County High School Sports