2 results for “investment income” · minutes
The Coatesville City Council met on November 14, 2022, to advance the 2023 budget approval process, with key highlights including a balanced General Fund for the fourth consecutive year with no tax increase for the eighth year and no use of reserves. The council approved accounts payables and voted to advertise the preliminary 2023 budget, which includes $4.5 million in capital infrastructure investments and $400,000 in paving through the Liquid Fuels fund, with a public forum scheduled for December 5 before final approval on December 12. Finance Director Rich Troutman also reported on the city's Chester tax commission meeting, noting the city receives several million dollars annually in Earned Income Tax while contributing just over $700 to the commission's budget.
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