The council held its first public budget session Feb. 18.
The Democrats, who now control the council, have accused the Republicans of leaving them with a budget deficit, but borough officials have yet to release detailed budget documents to show how that deficit accrued.
During a work session meeting last month, Democratic Mayor Joseph Parisi Jr. had auditor Steve Wilcox give a brief presentation, during which he said the borough is facing a $1.4 million tax levy increase, which would translate into a $550 tax hike for the owner of a home assessed at the borough average of $1.25 million.
The 2011 budget carried a $10.47 million tax levy. But with revenue down and spending up, Wilcox said the borough is looking at an $11.87 million levy this year, which exceeds the state-mandated cap on property taxes and would need to be reduced.
The 2011 budget used $955,000 in surplus, compared to $604,000 in 2010.
Wilcox’s preliminary report notes that the municipal court is operating at a $21,300 deficit and that the borough will receive $65,000 less in commercial sewer fees this year. His report says salary and wages are up $77,151, a figure that does not appear to include retroactive raises an arbitrator awarded the police.
Since the Democrats took over, they have reinstated a deputy clerk position, which the GOP cut, and rehired the former zoning officer, also naming him building sub-code official, at double the rate two part-time people were being paid in those roles.
The meeting will be held in the Municipal Building, 482 Hudson terrace, at 7 p.m. The council will also discuss pending tax appeals and proposed tax settlements.