Borough of Fanwood

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Borough of Fanwood

• 2008 Budget Presentation
• July 9, 2008

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Volunteers!

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Fire Department

• 100 Volunteer Effort
• 27,000 Annual Budget
• 268 Calls Answered in 2007

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Rescue Squad

• 100 Volunteer Effort
• All Expenses Covered by Grants and Fundraising
• 692 Calls Answered in 2007

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Shared Services - Board of Health

• Annual Rabies Clinic
• Child Health Clinic
• Flu Shots

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Shared Services - Fanwood Library

• The state mandates library funding, this year we
  must budget 392,857
• Over the past ten years grants, fundraising,
  fines, gifts and fees have totaled over 675,000
  of library improvements

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Shared Services -Tax Collector

• Fanwood Scotch Plains share a Tax Collector
• We share the expense
• We benefit from a state grant for sharing this
  service

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Shared Services
Fanwood, the Board of Education Scotch Plains
Township

• The Coordinating Council meets regularly to
  explore opportunities to cut expenses through
  sharing cost.
• We currently share a wide range of maintenance,
  equipment and infrastructure

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Improved Services
Recreation Senior Services

• Fanwood offers 10 Weekly Summer Camp Programs
• Fanwood has developed a Senior Services Program
  spanning recreation, health and a handyman aid
  program

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Improved Services

• Forest Road Park Community Center
• La Grande Park Tennis Courts
• La Grande Park Ballfield
• Pat Kuran Cultural Arts Center
• Fanwood Community House

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Improved Services

• Since 2004 weve completed eight road projects to
  keep the streets and sidewalks in good condition.
• 74 of the funding has been through grants

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The figures below represent ALL Borough
employees, Police, Department of Public Works,
Administration, Construction and Recreation
Borough Staffing
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Operations Summary
Extracted from Annual Audit Reports
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Select Expenditures
In 2001 the state mandated that employers no
longer make pension payments they also raised
benefits. In 2003 the state revised that
decision and mandated a 5-year escalating payment
phase-in. Payments began in 2004
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Select Revenues
Alcohol license, other licenses, fees/permits,
fire, zoning, etc, court, interest on tax,
parking, investments
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State Mandated Contractural Increases to 2008
Budget
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2008 Budget Challenges

• New CAP Law 4 CAP
• Loss of Revenues in 2007
• Result Less Surplus for 2008
• 2007 Surplus was 771,509.92
• Anticipated 2007 surplus applied to 2008 budget
  420,000
• Surplus balance 351,509.92

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Fanwood 2008 Budget
The local levy is up 18, even under the CAP
restriction
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2007 Appropriations
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2007 Revenue
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2008 Appropriations
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2008 Anticipated Revenue
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Proposed Solutions for 2008

• Extraordinary Aid Applied For
• Operating Expenses Budget Already Reduced
• Reductions in Work Force

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2009 Budget Challenges

• National Economy Slowing Development
• Tax Appeals Increasing
• Decreasing State Aid Anticipated
• Conclusion Not a One-Time Problem

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Strategies For The Future

• More Revenue Without Raising Taxes?
• Improve ratable base with a vibrant downtown.
• Expanding shared service collaborations
• Maintain and enhance our strong community
  involvement. It saves us countless tax dollars.

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