The Budget Process
Each year the Supervisors must adopt a new budget for the upcoming Fiscal Year. This process usually begins in late October with considerations and discussion at public meetings. In mid-November the Supervisors tentatively adopt the proposed budget, at which time the budget is open to public comment before being officially adopted in December. The budget takes into account projected revenue amounts (based on existing revenue sources) and probable expenditures (based on historical and projected expenses) to arrive at a balanced budget.
Current tax revenues include .5% of the 1.55% Earned Income Tax (the Bellefonte Area School District receives the other 1.05%), a 1.89 mil real estate tax, and a $52 local service tax (levied on all individuals who work within the borders of Benner Township). Other sources of income include State Liquid Fuels funds, zoning and building permit fees, real estate transfer tax revenue (1/2 of 1% of the purchase price) and fines, other permits and miscellaneous charges.