Yardley Village 2023 Budget Meeting Highlights
Explore the key details from the Yardley Village Budget Meeting for 2023, including expense highlights, fund balances, approved budget, capital reserve, and assessment changes. Get insights into the operating budget, capital reserve savings fund, and access to rules and regulations. Stay informed about upcoming major capital expenditures for roofing and asphalt paving.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Yardley Village Budget Meeting for 2023 Budget (Via Zoom) December 7, 2022
Agenda 2022 Expense Highlights 2022 Oct Fund Balances 2022 Forecast vs Budget 2023 Approved Budget Your Capital Reserve Questions
2022 Expense Highlights Tree Trimming & Removal Landscape Enhancements Gutter Cleaning over forecast Some sewer repairs (Capital) Annual Capital Expenses under forecast
2022 October 31 Fund Balances Operating Fund (Note: Transfer of $40,000 borrowed from Capital pending) Replacement Reserve Fund $1,915,683 using Cost Basics $ 128,104
2023 Operating Budget Yardley s Quarterly Assessment is still lower than many in HM
2023 Qtrly Assessment Changes $165 Quarterly Assessment Increase (9.9%) $ 23 Master Association Fees $ 25 HM Landscape Services $ 33 Insurance Increase $ 11 Snow Removal (new 5 yr. contract) $ 72 One Time Operating Expense Projects (Trees $12K, Clean Siding $13K, Road Sealing $14K) $ 5 Misc. Landscape Improvements $ 11 Misc. Other Increases $-15 Misc. Reductions
Your Capital Reserve Savings fund for Roofs. Roads, etc. Note: Next major capital expenditures are planned for Roofing and 2 years later for Asphalt Paving.
Questions Our Rules & Regulations can now be accessed on the Yardley web page at: www.yardleyvillage.com, scroll to bottom of page and click on "RULES & REGULATIONS" Visit our Web Pages at: yardleyvillage.com Updated
