Cochranton Borough Council has given final approval to a no-tax increase budget for 2011.
Council voted 6-1 Monday night on a $590,000 general fund budget, with Councilman George (Jerry) Dunn voting against it.
Following the vote, Dunn explained his stance against the budget by saying, “If there ever was time to give back money (to taxpayers), it was this year.”
Council also voted 7-0 to maintain the borough’s property tax rate at 13.25 mills for 2011.
It’s the fourth year in a row Cochranton hasn’t had a tax increase without having to cut services, William Shorts, borough council president, said.
The average assessed value of a property in Crawford County is $24,000, according to the Crawford County assessment office.
Cochranton real estate taxes on that average property will remain at $318 a year for 2011.
The borough projects general fund revenues in 2011 to be about $29,000 more than spending — $619,175 in revenue and $590,000 in spending, Fran McClain, borough manager, said.
However, the 2011 budget also includes a projected $17,300 carryover from this year’s budget.
“With $17,000 on hand at the end of the year, we’re cutting it awful close,” said Shorts.
Council gave preliminary approval to the 2011 budget at a meeting Nov. 8 and made the budget available for public inspection at the borough office.
No one from the public inspected the budget prior to Monday’s final passage, McClain said.
Keith Gushard can be reached at 724-6370 or by e-mail at firstname.lastname@example.org.