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BOARD OF TRUSTEES MEETINGS FOR JULY WILL BE ON THE 13th & 20th @ 5PM

BUDGET

“I think we’re doing well,” said Dave Simko, Sylvania Township fiscal officer, after reviewing the township’s budget at the end of this year’s first quarter.

Mr. Simko noted that a year ago he was concerned over possible revenue shortfalls, based on what then was an uncertain future due to the emerging pandemic.

Although the pandemic has continued to exact a toll on individuals, the township’s books have stayed in good order.

“It’s still early on in the year,” Mr. Simko said “but department heads, and all of the employees are doing a good job of keeping expenditures under control.

“We’re still watching carefully, but right now I’m happy with where we are,” he added.

At the end of March, the general fund showed expenses of $483,300, or 25.7 percent of its budget; the road and bridge fund had expenses of $412,242, for 14,8 percent; the expenses of the police fund were $1,867,979, or 22.7 percent of its budget and the fire fund had expenses of $2,389,371, or 22.4 percent of its budget.

Mr. Simko added that revenue for the quarter for each fund was at or above what has been budgeted.

 

Written by: Mike Jones, Public Information Officer
Published: April 26, 2021

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