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Bristol Borough Budget Projections On Target

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By

Erich Martin

The budget for Bristol Borough was summarized during a special part of Monday’s council meeting.

The Bristol Borough Municipal Building Credit: Jeff Bohen/LevittownNow.com
The Bristol Borough Municipal Building
Credit: Jeff Bohen/LevittownNow.com

The estimated budget for the 2014 is $4,782,000. The spending on the year up to this date is $4,690,000. There is room for $92,000 of further spending before the estimated budget is completely spent.

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According to the current budget report referenced at the meeting by Borough Manager James Dillon, there will be a $29,000 deficit by the end of the year, however, this is based only on the projection numbers.

Coming close to matching the budget is the end goal, as was noted by multiple members of the Council.

“I think we did outstanding,” said Council President Ralph DiGuisseppe. “I think we will end with a surplus instead of a deficit.”

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The budget was described as “very tight,” throughout the presentation, however personnel involved with the budget appeared pleased at the information provided regarding the budget.

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Erich Martin

Erich Martin attended Bucks County Community College for two years where he was the Co-Editor in Chief of the Centurion, the college newspaper. Erich graduated from Temple University with a degree in Journalism. Erich was recognized at the Pennsylvania Newspaper Association Foundation’s Keystone Press Awards in 2014 for general news. In downtime, Erich enjoys spending time with friends and family. Aside from spending time with family and reporting news, Erich loves getting engrossed in a great game, book, or movie.