City of Hazleton 2023 Budget Proposal version with ...
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The City of Hazleton's 2023 budget proposal shows real estate tax revenue of $5,568,719 for the current year, with total real estate taxes projected at $6,229,719 including prior-year collections. The budget eliminates resident taxes and per capita taxes as revenue sources (removed in 2022), while maintaining earned income tax revenue at $2,050,000 and real estate transfer tax at $400,000. Notable changes include the end of Act 47 designation benefits in 2022 and revised projections for local service tax and other revenue streams compared to 2022 actuals.
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The City of Hazleton, Pennsylvania's financial statements and supplemental schedules for the year ended December 31, 2021, were audited by independent public accountants in accordance with Government Auditing Standards. The document comprises the City's basic financial statements including governmental activities, business-type activities, fund financial statements, and fiduciary funds, along with required supplementary information on budgets, pension liabilities, and employer contributions across police, fire, and non-uniformed pension plans. The audit covers the City's overall financial position, revenue and expenditure activities, cash flows, and compliance matters related to internal control over financial reporting.
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