Media Approves 2014 Budget with No Tax Increase

Media Borough Council unanimously approved the 2014 budget at its meeting Thursday with no mill change to residents.

The $9.3 million total budget brings no tax change to residents, once again. The rate will remain at three mills, which is $375 for the average home assessment of $125,000, Borough Manager Jeff Smith said.

Borough residents have not seen a tax increase since 2008, Smith said. 

Breaking down the $9,379,250 million total budget, the general fund holds $7.66 million, capital fund $1.54 million, recreation fund $67,500 and liquid fuels fund $100,250.

A few of the larger expenditures projected for the 2014 capital fund are the library reconstruction project at $300,000, maintenance and updating at Borough Hall at $75,000, the purchase of a new police vehicle as well as new lights for police vehicles at $45,700, maintenance to the Olive Street parking garage and parking kiosks at $250,000 and upgrades to Houtman Park at $250,000.

The Public Works department is a larger expenditure at a total of $702,000 for the purchase of a dump truck and other vehicles ($90,000), maintenance, repair and installation of storm sewer piping and drains ($75,000), Third Street Project Design ($300,000), sidewalk reimbursement ($12,000) and maintenance to the Armory building or Trader Joe's building ($5,000) and Plum Street Mall design ($25,000). 

View the photo gallery for more details.