Norristown Proposes Slight Budget Increase For 2023

NORRISTOWN, PA — As Norristown continues to recover from the effects of the pandemic and historic inflation rates make themselves felt in the area and across the country, the municipality has proposed a 7 percent increase in the operating budget for 2023. They expect federal assistance to help close the gap and minimize the need for increased local spending.

Muncipal Council made public a glance at the proposal for next year during an October 18 meeting. The current proposal of $40.5 million marks about a $3 million increase over 2022's $37.8 million budget.

"Some operating costs are up due to inflation," the municipality said during a recent presentation, noting prices for things like gas and vehicle maintenance.

They're also facing staffing shortages in various public safety positions, requiring overtime payments.

As things stand, Norristown has a $1.8 million revenue gap. A "large part" of the municipality's $1.2 million in American Rescue Plan Act funding will be used to help close the gap.

Two public meetings are coming up this month to address expenses, future revenues, and potential tax rates. The first is at Nov. 9 at 6 p.m., followed by one at Nov. 21 at noon. Both meetings will be held at the Montgomery County Intermediate Unit on 2 W. Lafayette Street.

Final budget approval is slated for December.

A link to the municipality's presentation on the 2023 budget is online here.