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10 Million

Thursday, January 31, 2013

Voter Referendum Not Possible for Community Center Project

Montgomery Township also boosted its bond rating to AA+, which allows it to borrow a $10 million bond to help fund construction of a proposed community center

Montgomery Township Solicitor Frank Bartle informed the public Monday that — while it has been a suggestion at the behest of few residents — a referendum on the November 2013 ballot on whether a township community center should be built is not possible, according to The Reporter. Bartle told the public Monday that a binding referendum must be laid out by statute, which indicated “what matters need to be by binding referendum.” “This is not one of those matters,” Bartle said in the article by Dan Sokil. A public library question was the issue of a previous referendum vote, but that was subject to a referendum by state law. The potential community center is not an issue subject to a referendum by state law, according to the article. …

John Q Public

11:54 am on Thursday, January 31, 2013

Montgomery township will get to compete with the Community Center in Lansdale, which is also in trouble. They are the same distance for me. Montgomery Township does not even have a leaf and chip recycling center, while encouraging the proliferation of trees. Many more people in this community have trees than the need for a public space. When do these people come up for re-election?   more ›

Saturday, November 3, 2012

NPSD Has $10 Million Surplus

An accountant for North Penn School District has asked the finance committee for guidance on where to assign the extra money in order to complete an audit

The North Penn School Board Finance Committee has been tasked to figure out where to assign nearly $10 million in surplus money. According to Linda Stein of The Reporter, the district’s accountant informed the finance committee this week that state law requires assignment of the money, and must be done so in order to complete an audit. District Business Administration Director Robert Schoch recommended $2.8 million be placed in capital reserves and $5 million deposited into an account for employee pensions, according to the article. Another $2 million is recommended to cover employee medical self-insurance, according to the article. Read more about the school district surplus at this link.

Jaymee Douglass

11:17 am on Sunday, November 4, 2012

Or help teacher with supplies, as many are taking from there own pockets.   more ›

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