Fund balance is used to support the Operating and Capital budgets....
Revenues realized above the amount anticipated is surplus. The Borough can use surplus funds in the following year to support the current fund operating budget.
$1,800,000 in surplus is being used to support current fund operating expenses for 2024 (Sheet 4)
$4,000,000 in surplus is being used for the capital improvement fund to support and fully fund road projects & Equipment for 2024 (Sheet 4 & 26)