Skip to main content

Midland Park

Borough to Budget $150,000 For Fire Truck

04/03/2014 08:43PM ● By Rebecca K. Abma

Midland Park Borough Hall

Despite a last minute meeting called to review the 2014 budget, the borough council agreed to proceed as planned with a $10.3 million budget. As a result, the average homeowner can expect to pay an additional $111 for the municipal portion of 2014 tax bill.  

The budget introduced in February was expected to be approved at the March 27 council meeting, but was tabled due to an increase in Capital Reserves for a new fire truck.

Council President Nicholas Papapietro, who was not at the budget introduction, said the line item increase to $150,000 from $50,000 was not previously agreed upon. He said the council agreed to increase capital reserves for a new fire truck to $100,000, and the $150,000 came as a surprise to him.

The difference results to an additional $18 in taxes for the average home assessed at $392,000. The council, he said, had agreed to try to keep the tax increase to less than $100. 

Mayor Patrick "Bud" O'Hagan replied that since the school budget had decreased, the borough thought the extra $18 now would be less burdensome to residents than having to bond for a new fire truck. 

Currently, the borough has $350,000 set aside for a new truck, with an additional $150,000 earmarked for 2014. The Fire Department, officials said, are expecting to order a new truck soon, for delivery in 2015. The price is under negotiation and officials said they did not want to "tip their hand" by stating what they expect it will cost.  

The borough owes close $50,000 on another fire truck, which is expected to be paid off this year. Papapietro questioned why this money couldn't be applied to the reserves for the truck next year. Borough Administrator Addie Hanna said those funds are in the Operating Budget, which is under a 2%. Planning to use those funds in Capital Reserves could create a problem with the 2015 budget, she said. 

At the end of the discussion, the council agreed to budget $150,000 for a future fire truck. The budget hearing will be held at the April 10 council meeting. 

Watch the full video of the discussion, below. 
Upcoming Events Near You

No Events in the next 21 days.