2022 Adopted Budget

The Borough of Riverton's 2022 Municipal Budget document outlines the financial plan for the fiscal year. It details the anticipated revenues, including local tax levies, state aid, and miscellaneous income, and the proposed appropriations for various municipal services, capital improvements, and debt service. A public hearing on the budget was scheduled for May 17, 2022, at 7:00 PM at the Borough Hall, allowing taxpayers to voice their comments and objections. The governing body approved the budget on April 19th, 2022. The budget includes summaries of revenues, appropriations, tax rates, and debt, along with detailed schedules for capital improvements and funding sources. It also includes a summary of the Levy Cap calculation and a three-year Capital Improvement Program covering 2022-2024, outlining planned capital projects and funding requirements.