Lower Merion Citizens for Responsible Budgeting (CRB)
Resources
- LMT RET forcast
- LMT 2004 Citizens' Survey
- LMT 2009 Budget
- LMT 2007 CAFR (PDF)
- LMT Profile
- LMT Capital Projects
- Montco Municipal Millage Rates
- Municipal Bond Yields
- Moody's
- Moody's Economy.com
- Standard & Poor's
- Fitch Ratings
- Government Finance Officers Association (GFOA)
- Main Line Life
- Main Line Times
- Commissioner's Voting Records
- Budget Hawk Awards
- Wall Street Journal online
Articles
- Understanding Reserves
(GFOA PDF) - Tax Debate, Letter to Main
Line Life - Determinants of Credit Quality (GFR PDF)
- Breakdown of Revenue sources
- Where does the money go?
- Do we need six Libraries?
- Why did the 2007 budget increase 5.3%?
Township News Links
Commissioners Comments
Future Links
- Fiscal responsibility
- Citizen commentary
- Information is power
- How do we compare?
government spending in Lower Merion Township. More about us…
2009 Budget review and public comment at Township, Wed., Nov. 19, at 8:05 pm
The agenda for Nov. 19th is not posted at this time. The best estimate is the budget review and public comment will start at 8:30 pm
Library Renovation Projects - Link to Township site
Proposed Budget now Available! Click Here
Lower Merion Township per Capita Debt Burden:
Amount |
Per Person |
|
| Net Debt of Township | $94,330,000 |
|
| Share of School District Debt | $224,278,658 |
|
| Share of County Debt | $46,167,107 |
|
| Planned Township Debt (2009) | $10,000,000 |
|
| Planned School District Debt (2009) | $106,000,000 |
|
| Total Debt Burden | $480,775,765 |
$ 8,184.81 |
Source:Appendix A- Township of Lower Merion Series of 2008 Bond Offering Circular
Lower Merion Township Real Estate Tax increases:
| Year | (mills) | Percent Change | Current |
| Tax Rate | RET | ||
| Revenue | |||
| 2002 | 2.62 | 0.0 | $18,090,000 |
| 2003 | 3.2 | 22.10% | 22,310,000 |
| 2004 | 3.34 | 4.40% | 23,533,000 |
| 2005 | 3.47 | 3.90% | 24,533,000 |
| 2006 | 3.47 | 0.00% | 24,805,000 |
| 2007 | 3.54 | 2.00% | 25,572,000 |
| 2008 | 3.61 | 2.00% | 26,337,000 |
| Cumulative RET revenue increase 2002-2008 = 46% | |||
Source: Lower Merion Township
Lower Merion Township General Fund Expenditures:
(Updated August 21, 2007)
Source: Lower Merion Township - http://www.lowermerion.org/finance/2007budget.html#expgenfund
CPI data – Bureau of Labor Statistics
LMT Expenese Data – Lower Merion Township
Median Wage Increase Data – Social Security Administration
1996=100