Conway Council is responsible for enacting a balanced budget that details expected revenues and planned expenditures for the Borough for the coming fiscal year.
The annual budget sets fiscal priorities and functions as a roadmap for management of the Borough through the year.
Budget Process
In the fall of each year, the Council Finance Committee meets many times over several months and, along with other members of council and the department supervisors, prepares the coming year’s budget.
The annual budget is broken into revenue and expenditure components for the General Fund, the Water & Sewer Funds and the Liquid Fuels (Highway Aid) Fund, which make up the total available monies for the coming year.
The Borough’s primary sources of revenue come from real estate taxes, wage taxes, license and permit fees, fines, interest earned, and state shared revenue, as well as other miscellaneous fees.
Budget expenditures are broken out by department and include details of all expenses, including purchases, salaries, and insurance.
During 2021 and continuing into 2022, Council transitioned the Borough to new, long needed financial software that has provided Conway to have a more granular, detailed budget. This added detail has allowed Council to more closely manage and stay on top of the Borough’s finances.
Budget Documents
*Approved
