Why can’t the Borough borrow money from the Parking Fund for the General Fund?
It is generally expected that municipalities that run “business-like” activities can only charge users of those services the cost of providing that service. That means that the Borough can only charge customers of the Refuse Service the cost of operating that service. The Borough can’t “make money” on that service and use the “profit” to subsidize other services. The Borough can generate excess revenue and use that excess to fund capital improvements or assets used in providing that service. If the Borough regularly over-charged users of services, like Refuse Services, and used that money to subsidize other services, the users of the Refuse Service would have a basis to challenge the service rates. Citizens have filed law suits against municipalities that regularly produce excess revenue over expenses in enterprise funds and use those funds to support General Government operations.

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1. What is a mill?
2. Why can’t the Borough borrow money from the Parking Fund for the General Fund?
3. Why is the budgetary problem with revenue and not expenditures?
4. Is the Borough running out of money?
5. What is the difference between what Penn State University would pay in real estate taxes versus what is received in impact fees?
6. How often does the Borough replace computer equipment and vehicles?
7. Why don’t the local municipalities consolidate?
8. Does the County or School District provide any financial contributions to the Centre Region Council of Governments (COG)?
9. Has there been any movement of Penn State University to the south of College Avenue and do these properties pay Real Estate Taxes?
10. Is there a forecast for Earned Income and Net Profits Tax related to new development within the Borough?
11. When was the Business Privilege Tax (BPT) eliminated?
12. How can the Borough tax rainwater?