Budgets & Financial Reports
2025 Budget Meeting Schedule
The Board of Commissioners of Springfield Township, Montgomery County, Pennsylvania, in compliance with Section 1701 of the Pennsylvania First Class Township Code, has set the following schedule to present and adopt the 2025 Budget of Springfield Township:
|
Purpose |
Date |
Time |
|
Budget Presentation |
11/13/24 |
7:30 PM |
|
Budget Hearing |
12/11/24 |
7:30 PM |
|
Budget Adoption |
12/11/24 |
7:30 PM |
All Meetings will be held in the Springfield Township Building, 1510 Paper Mill Road, Wyndmoor, PA.
2025 Township Budget Information
At the December 11, 2024 Business Meeting, the Board of Commissioners of Springfield Township will conduct a Budget Hearing to accept comments from the public for the 2025 Operating Budget for the Township.
The PROPOSED Real Estate Millage Rate will increase from 4.516 to 4.650 mills and is the first such increase in three (3) years. As a result of the proposed increase in the millage rate, the typical household with a $175,400 property assessment will realize an increase of $23.50 to their real estate tax. An increase of $5.48 is also proposed for the refuse and recycling services. Explore the documents below for more information about the 2025 Proposed Budget.
- 2025 Budget Statement
- Township Budget Presentation 2025
- 2025 Budget Revenues Expenses And Fund Balance
- Springfield Act 44 Duda
- Act 44 Verification CBIZ INR
-
Township Budgets
- Adopted Budget – Fiscal Year 2024
- Adopted Budget – Fiscal Year 2023
- Adopted Budget – Fiscal Year 2022
- Adopted Budget – Fiscal Year 2021
- Adopted Budget – Fiscal Year 2020
- Adopted Budget – Fiscal Year 2019
- Adopted Budget – Fiscal Year 2018
- Adopted Budget – Fiscal Year 2017
- Adopted Budget – Fiscal Year 2016
- Adopted Budget – Fiscal Year 2015
- Adopted Budget – Fiscal Year 2014
-
Audits & Financial Statements
- 2023 Audit – Financial Statements
- 2022 Audit – Financial Statements
- 2021 Audit – Financial Statements
- 2020 Audit – Financial Statements
- 2019 Audit – Financial Statements
- 2018 Audit – Financial Statements
- 2017 Audit – Financial Statements
- 2016 Audit – Financial Statements
- 2015 Audit – Financial Statements
- 2014 Audit – Financial Statements
- 2013 Audit – Financial Statements
In accordance with First Class Township Code, Springfield Township's Office of the Manager submits and presents annually to the Board of Commissioners a proposed comprehensive budget for the ensuing fiscal year, comprised of a proposed operating budget and a proposed capital projects program.
The process used to develop the Operating and Capital Budgets include a comprehensive look at all the financial areas of the Township’s operations, levels of service, capital needs, and resource availability. The Board of Commissioners hold various public hearings in October and November where they hear from members of the public, community organizations, and Township Staff before voting on the final budget ordinance December.
After the conclusion of each fiscal year, the Township undergoes an extensive financial audit conducted by a third party agency appointed by the Board of Commissioners to review the previous year's finances. The financial audit is a routine process that is considered a sound accounting measure in the field of public finance.