General Fund (01)
FY 2025 BUDGET
PURPOSE OF THE FUND
The General Fund is the Township's primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund.
BUDGET OVERVIEW: GENERAL FUND
FY 2025 Budget
The chief and base operating fund of the Township is the general fund, and its sources of revenue provide the financial resources for core services, including administration, police, public works, engineering, parks, library, and code inspection services and property maintenance. The general fund, in FY 2025, continues to be the primary method for accounting for general operating expenditures, with real property and business, mercantile and other Act 511 taxes continuing to represent sixty percent (76%) of the sources of revenue. The 2025 general fund property tax levy is projected to generate $17,181,618 in income, the earned income tax is projected to generate $10,750,000 in income, and the mercantile and business privilege taxes are projected to generate $7,500,000 in income. These stated income levels are greater than 2024 levels.
OVERVIEW
REVENUE AND EXPENSES
The following chart and table illustrate total revenues and total expenses. Click on the interactive graph or table components to expand the data.
EXPENSES
By Department
The following chart and table provide an overview of the General Fund expenses by department. To explore the information in greater detail, click on the chart or table of interest.
By Activity
The following chart and table provide an overview of the General Fund expenses by type. To explore the information in greater detail, click on the chart or table of interest.
REVENUES
SUMMARY SHEETS
By Program
The following chart and table provide an overview of the General Fund revenues by department. To explore the information in greater detail, click on the chart or table of interest.
By Activity
The following chart and table provide an overview of the General Fund revenues by type. To explore the information in greater detail, click on the chart or table of interest.
General Operating Fund 2025 Revenue and Budget History
General Fund- Unrestricted Fund Balance Analysis Modifed Accural Basis
Fund balance represents the difference between assets and liabilities. This difference is further segregated into reserved and unreserved portions. Reserved resources are not available for spending and are not reflected in the information presented.
