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Pine Township Budget

Wednesday, December 12, 2012

Allegheny County Judge Extends Deadline for Municipalities to Adopt 2013 Budgets

Allegheny County Judge R. Stanton Wettick Jr. signed a court order extending the Dec. 31 deadline for municipalities to pass 2013 budgets.

Municipalities in Allegheny County have been granted a deadline extension to adopt their 2013 budgets and set property tax rates. Allegheny County Judge R. Stanton Wettick Jr. signed and issued an official court order extending the Dec. 31 deadline to Jan. 31 for taxing bodies to adopt 2013 budgets and set millage rates.   Pine Township already adopted its 2013 budget, and Richland is scheduled to adopt its budget on Dec. 19.  Bell Acres Borough Solicitor Robert Max Junker said the deadline was changed after lawyers raised issues on behalf of municipalities working to finalize budgets before the end of the year with uncertainty regarding property assessment appeals.   “The judge recognized that people are being asked to develop budgets and…

Tuesday, December 4, 2012

Pine Supervisors Approve No Increase in Tax Rate, But There's a Catch

Pine Township's tax rate remains at 1.2 mills.

When it comes to news about real estate taxes in Pine Township, there's good news and confusing news. First, the good news—no tax increase.  The Pine Board of Supervisors voted unanimously Monday night to adopt a $12 million budget and set the tax rate at 1.2 mills per thousand dollars of a property's assessed value, the same as it was last year and the year before that and on and on back to 2002. Now for the confusing news—the township set the rate without knowing what the final reassessed values are.  "We have to wait to get the new assessments in January (from Allegheny County)," Township Manager Cheryl Fischer told the supervisors.  The initial reassessment statistics showed the average increase in value for real estate in Pine …

Thursday, September 6, 2012

Pine Township Speeds Up Payments on $10 Million Debt

Board of Supervisors vote to pay down $865,000 on loan used to build Pine Community Center and fire station.

Pine Township reached the halfway mark this week in paying off the $10 million borrowed to finance construction of Pine Community Center. The Pine Board of Supervisors voted 5-0 Tuesday to make an $865,000 pre-payment on the principal on an ESB Bank loan, bringing the total owed to $5 million. Supervisors Chairman Michael Dennehy said the original $10 million borrowed in 2006 also included funds to build the new fire station for Wexford Volunteer Fire Company, which provides fire protection services to the township.  The decision to make the pre-payment is a simple one, Dennehy said. "Just do the math," he said. The money sitting in the bank is drawing only about $600 a month in interest while the township pays $15,000 a month for the loan…

Monday, October 3, 2011

Pine Board of Supervisors Meets Monday Night

2012 preliminary budget is on agenda for 6:30 p.m. meeting.

Pine's Board of Supervisors meets at 6:30 p.m. Monday at Pine Community Center. Here is the agenda: Call Meeting to Order Pledge of Allegiance Roll Call Correspondence to Board of Supervisors Public comment on agenda and non-agenda items Approval of minutes of the meeting of Monday, Sept. 19, 2011 Unfinished Business Action on bid for sale of 1994 Vermeer Wood Chipper Announce the budget meeting set for Oct. 20, 2011 at 6 p.m. has been canceled. New Business Authorize purchase of 750AT Total Body Arc exercise equipment for the Pine Community Center through Costars State Contract Request from A. Folino Construction to perform evening paving projects on Franklin Road and Wexford Bayne Road Discuss new Government Accounting Standards Board (…

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