EASTON, Pa. — After a bit of back and forth among city council members about approving the 2023 city budget, then an overestimation of pension plan income tax, Easton's spending plan for 2023 budget will be back up before council Wednesday.
- Easton's 2023 general fund budget will see new adjustments after the city's actuary found a $500,000 overestimation of pension plan funds in December of 2022
- The first council meeting of the year will address the new budget
- The city will also look to new parking meter hours
City council will meet at 6 p.m. Wednesday to vote on an updated general fund budget to reflect the overestimation of retirement pension plan revenue of about $500,000.
In December, the city found the overestimation after the city’s actuary told Mayor Sal Panto Jr. of the issue.
Because the meeting after that, council's last meeting in December, was canceled, the issue could not be addressed in session during 2022. Council will meet for the first time this year to approve or deny the changes.
Pension plans from the general, recreation and wastewater fund budgets have been drafted to reflect new budget totals.
Also Wednesday, council is slated to make amendments to the hour of operations for meter parking in the city.
The city's recreation budget may also see additional a $21,000 increase for kids programming.