No tax increase in Oxford Borough12/16/2014 03:21PM ● By Steven Hoffman
Oxford Borough Council unanimously adopted a $3.6 million budget for 2015 at its meeting on Monday, Dec. 15. There is no tax increase and the millage rate will remain at 12 mills.
“Taxes did not get raised this year,” said council president Ron Hershey following the vote.
“I appreciate all the work that's been done on the budget this year,” said mayor Geoff Henry. “I congratulate borough council for balancing the budget without a tax increase.”
Spending is increasing slightly from 2014 to 2015 because salaries for contracted employees and the costs for some of the goods and services that the borough relies on are going up. There was an increase in workman’s compensation costs, but the borough received some good financial news when the health care premiums came in lower than what was expected.
The borough is projecting a year-to-year increase in revenues, thanks in part to the expansion at Ware Presbyterian Village, which is adding approximately $90,000 to the borough’s coffers. This increase in revenues helped offset the increase in expenditures.
In other business at Monday night's meeting:
~ Borough council voted to make a $1,000 contribution to SCOOT, a bus service for residents in Chester County. The borough received a request for financial assistance several months ago. The donation is for 2015, and borough officials will reevaluate the contribution during the budget discussions in 2015.
~ Council member John Thompson expressed his interest in serving on the borough’s Planning Commission. Council eagerly accepted the offer and voted to approve the appointment.