Finance and Budget
Each year, the Stowe Township Board of Commissioners is charged with the responsibility of enacting a balanced budget. The budget summarizes the revenues and expenditures the Township Administration expects to encounter during the course of a fiscal year. While the Administration Department strives to ensure that the Township does not go over budget, there can be unforeseen circumstances that arise during the course of the year.
Beginning in October, staff members begin meeting with the Board of Commissioners to outline and prepare the next year’s budget. The budget is broken up by revenue, expenditures, and fund reserve, which make up the total available monies for the year.
The Township’s main revenues come from real estate taxes, local enabling taxes, licenses and permits, fines, interest and rent, state shared revenue, and departmental fees.
Budget expenditures are broken up by department and include all expenses, including insurance, worker's compensation and purchases.