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TOWNSHIP FUNDS

Tax receipts for Sylvania Township have so far not been reduced by difficulties in the general economy due to the pandemic, according to David Simko, township fiscal officer.

He told Sylvania Township trustees that funds have actually seen small increases in revenue, “but we still have to keep our guard up,” he said.

Through August this year, the township has receipts of $20,308,712, compared to $19,995,858 at the same time last year.

Mr. Simko noted that the figures represent most of what will be collected for the year.

“It’s good news,” he said, “but I can’t help being concerned about early 2021.”

He added that Oliver Turner, township administrator, and department heads had developed plans in case there was a shortfall this year, and have begun budget discussions for next year.

“I hope we don’t have to institute anything due to reduced receipts, but I don’t think anyone knows how long this pandemic will hang around or how great an economic effect it may eventually have,” Mr. Simko said.

 

Written by: Mike Jones, Public Information Officer

Posted: September 23, 2020

 

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