OPERATING BUDGET Page 7 vs. Pages 21 – 37 Data

$ Amounts from pages 21 – 37 re. operations $ on page 7 are different > 2026 Budget Snapshot

3 Expenditures = $ OUT

Total operating expenditure: $18,940,813      [See Excel doc below re. actuals]

Total capital expenditures: $14,218,435          [As adjusted on previous link]   

Reserve contributions: $1,500,000

                                              Total $ OUT     $34,659,248

Revenues = $ IN

Township tax levy: $15,830,040                      9.7 % increase over 2025

Non-taxation revenues: $5,369,869

(Grants, user fees, etc.)

Debt financing: $4,865,381

Assessment growth: $119,771

(0.83% growth projected by MPAC)

                                              Total $ IN         $26,185,061

Expenditures vs Revenues > revenue deficit     ($8,474,187)

[To balance the tabled budget, capital and operating expenditures adjusted, an increase of $8,474,187 in the Township’s tabled tax levy is required. The total tax levy required to balance the budget as adjusted for capital and operating expenditures is $24,304,227.

The OPERATING data below was taken from the Excel spreadsheet found below.

Expenditures = $ OUT

Total operating expenditure: $18,940,813

Total capital expenditures: $14,218,435

Reserve contributions: $1,500,000

                                              Total $ OUT     $34,659,248

Revenues = $ IN

Township tax levy: $24,304,227                      14.89 % increase over 2025

Non-taxation revenues: $5,369,869

(Grants, user fees, etc.)

Debt financing: $4,865,381

Assessment growth: $119,771

(0.83% growth projected by MPAC)

                                              Total $ IN         $34,659,248

Expenditures and Revenues “BALANCE” with these calculations.