Falls seeks to create long-range financial plan

In an effort to project long-term budgeting for years following the loss of landfill host community fees, the Falls Supervisors have contracted with a company to provide a long-range financial plan.

During the February 26th Supervisors meeting, the board unanimously approved an agreement with PFM Group Consulting, LLC for financial management and budget consulting services.

Township Manager Matthew Takita said PFM will begin interviewing department heads and various boards this month to better understand finances and the best courses of action.

“No one knows township government as well as you do,” PFM wrote in its agreement. “So our first step is to listen and learn from you.”

By May, Takita said PFM anticipates completing a preliminary report detailing financial strategies.

Some of the plan of action could include productivity enhancements, and improved cost recovery through adjusting fees, licenses, and permits, according to the agreement.

Falls receives approximately $18 million per year in host community fees from Waste Management.

As the landfill nears capacity in the next decade or so, officials have begun considering alternatives to help make up for the loss in annual revenue.

The township earlier this month authorized a study to determine the viability – from a revenue standpoint – of a 24-hour freight village support facility in Falls Township.

In other business, the Supervisors unanimously granted preliminary and final land development approval to UGN Logistics, Inc. to construct a 4,800-square-foot garage building with parking lot and associated site improvements, including stormwater management facilities, at 745 Philadelphia Avenue (Bristol Pike).

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x