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Kane council to act Feb. 1 on 'bare-bones' budget

January 23, 2012

The Kane Borough Council is expected to act Feb. 1 on what has been termed "a bare-bones' budget for 2012.
The "revised" proposed budget calls for a 1.5-mill increase in the property tax rate in Kane.
This increase would generate about $118,000 more in additional tax revenue for the borough.
The additional funds reportedly are needed to balance the budget due to rising costs for operating the borough government.
Council earlier this month voted 5-1 on a "revised" budget that trims the proposed tax increase from 3 mills to 1.5 mills. The revision is due to new information from the McKean County Department of Assessment on property valuations in Kane.
Council President Howard Kane joined with Councilwomen Janet Bard and Holly Harris and Councilmen Dennis Drost and Bill Tunall to support the "revised" tentative budget, which is now on public display at the borough building.
Councilman John Gentilman cast the lone negative vote against the "revised" budget. He has spoken out against any tax increase.
Lori Feldbauer, borough office manager, helped draft the "revised" budget with council's Finance Committee headed by Bard.
"I'd call it a 'bare-bones' budget," Feldbauer said Monday. "There is no place else to cut. I believe we've been real conscious about spending money."
Kane said he understands that many borough residents are living on "fixed incomes" and do not want to see a tax increase.
"I'm on a fixed income, too," he said Monday. "But, if we want services, we have to pay for them."
Under the proposed 1.5-mill tax increase, property owners with a home assessed at $50,000 would pay an additional $75 in borough taxes this year.

See full article by purchasing the Jan. 24 edition of The Kane Republican.

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