Peters Township Holds The Line On Taxes

Peters Township Council led off its final November meeting with a public hearing on the township’s preliminary budget for 2025. No increase in taxes is in store for Peters Township residents. The budget is a $43,777,036 spending plan that is paid for by $29,476,917 in revenues. There is a shortfall of $14,300,119. According to Assistant Township Manager Kyle Thauvette, that shortfall will be made up through bond issues to balance the budget. Capital projects that are primarily park projects scheduled for 2025 are a large portion of the deficit. The largest portion of that spending will be dedicated to phase two of the development of Rolling Hills Park. That development will include basketball courts and a dog park to name just a few additions. Staff cautioned council and residents that tax increases could be in the future as the township will be spending money on a new fire truck, expanded staff for the fire department and possible emergency services and environmental projects that may need to be addressed. Council will adopt the budget in December.