Warwick Township Budget Fact Sheet

 

Fact Sheet 
2020 General Fund Budget

REVENUES:

2019 Revenues Pie Chart image

Figure 1. Warwick Township Budgeted Revenues, by Category, for 2020.
* Other Taxes: Realty Transfer and Local Services Tax

Additional Information

  • The first draft of the budget does not call for an increase in the real estate tax for 2020.
  • The current millage rate is 0.2325, which translates to ¼ of $1 mill.
  • The Township has maintained the equivalent of this millage rate since 1990. 
  • The real estate tax, for a home assessed at $200,000, is $45.80 in Warwick Township.
  • The draft of the 2020 budget for revenue comes in at $5,275,584.62. 
  • The 5.4% revenue growth for 2020 is primarily from Realty Transfer, EIT and Building Permits.
  • Future trends show reduced revenue from cable franchise and state reimbursements.
  • Proposed in 2021 will discuss the potential of a Stormwater Fee.

 

EXPENSES:

2019 Expenses Pie Chart image

Figure 2. Warwick Township Budgeted Expenses, by Category, for 2020.

Additional Information

  • Expenditures for 2020 come to $5,204,514.51.
  • The 2020 budget is a balanced budget.
  • Over $712,000 is earmarked toward maintenance and repair of roads and bridges (the Township maintains 87 miles of roadway).
  • The budget will continue the Township’s support and expansion of the Warwick Emergency Services Commission (direct support of fire and ambulance companies) and including an equipment replacement schedule.
  • The Streetlight assessment rates will remain unchanged for 2020.
  • The continuation of the Capital Storm Water Replacement Program, which includes replacement of CMP pipe, culvert replacement and basin modifications are provided under the proposed 2020 Fiscal Budget. 
  • The Northern Lancaster County Regional Police Department continues to provide police protection to Warwick Township and is in its 9th year of operation.
  • Continued effort on a joint project to complete the 6th Street extension.  Phase 1 construction of two roundabouts will be completed in 2020.
  • The Township has no debt service.
  • The Township continues to have an AA Bond Rating.
Click to review previous Budget Fact Sheets:
2019 Budget Fact Sheet
2018 Budget Fact Sheet
2017 Budget Fact Sheet
2016 Budget Fact Sheet
2015 Budget Fact Sheet