Municipality of Kingston 500 Wyoming Avenue, Kingston, PA 18704  2024 Overview of Public Services, Finances, Capital  Improvements, and Long-Range Plans Prepared by Mayor Jeffrey R. Coslett & Administrator Paul Keating    Administrative Offices (570)288-4576 FAX: (570)288-9493  Non-Emergency Police (570)288-3674 FAX: (570)287-2699  e  MGNICIPALITY OF KINGSTON 500 WYOMING AVENUE, AINGSTON, PENNSYLVANIA 18704-3681  Incorporated as the Borough of Kingston - 1857  wwwkingstonpaory 1. Kingston  Date: October 2, 2023 To: Members of From: Range Plans  PEZ  Mayor. Jeffrey R. Coslett and Paul Keating  Subject: 2024 Overview of Public Services, Finances, Capital improvements, and Long- The Home Rule Charter requires the Mayor on ani annual basis to submit to Council a comprehensive long-range plan for public services, capital improvements, and fiscal policy by the first Monday of The report provides detailed information on current and long-term capital projects, infrastructure improvements, land acquisition or sales, site improvements, and in-depth perspective on the essential Additional issues covered in the report include but are not limited to grants, legislation, personnel, general municipal services, public safety, taxation, cash flow, pension funds, and general management The Administration is pleased to provide the report to Members of Town Council, our employees, and citizenry of the Municipality. Wé encourage your feedback and collaboration throughout our extensive    October.  public services provided by our government.  practices of the Administration.  planning and budgeting process.  The Significance of Sound Infrastructure in Relation to the Budget  The Municipality of Kingston provides first-rate government services and is one of Northeastern Pennsylvania's premier communities. The Municipality of Kingston owns and maintains al large-scale public infrastructure that enriches property values and the quality of life int the community. The Administration is faced with greater challenges each and every year in funding the ever-increasing costs of operating the government while continuing to make essential capital improvements.  1    Personnel: are the driving force behind the sustainment and delivery of Kingston's flagship public services. The largest percentage of expenses appropriations in Kingston's General Fund is consumed by the direct and indirect costs of personnel. For the fiscal year of 2023, net appropriations for personnel account for 58.64% of Kingston's $11,018,524.00 General Fund Budget. Conversely, for1 thei fiscal year of2022, net appropriations for personnel accounted for 62.49% of the $10,229,646.00 General Fund The Administration has prepared a set of spreadsheets titled Analysis of Personnel and Fringe Benefit Costs 2022 Compared to 2023 which is attached to this report to better illustrate the composition of General Fund appropriations specifically related to personnel as they relate to the total budget. The COVID-19 Pandemic created a whole new level of challenges for our community in terms of procurement and personnel. The costs of essential goods and services have increased tremendously. Items such as vehicles, automotive parts and supplies, fuel, construction materials, computer hardware and software, office supplies, and sub-contracted services have significantly risen in cost since COVID-19 The cost of personnel, especially part-time personnel, which drives services relating to sanitation and recycling collection, seasonal DPW services such as park maintenance and leaf cleaning, operating the Kingston Recreation Center, and operating the Kingston pool has increased between 25% and 66.67% since the COVID-19 Pandemic. Part-time and seasonal DPW positions that were paid $10.50 per hour After paying for personnel and fringe benefit costs, 41.36% of all General Fund resources remain available for operating, overhead, and capital improvements in the 2023 budget. The cost of necessary capital improvements: substantially outweighs available resources. Therefore, grant writing isa top priority of this Administration. Grants for essential capital improvements preserve cash, minimize debt, and protect the borrowing base provided we are mindful of matching funds requirements. Sound publici infrastructure is critical for marketing our community and sustaining our residential tax- base. Residential wage earners are the lifeblood of Kingston's local economy. The appropriation, for Earned Income Tax accounts for 47.22% of all General Fund Revenues (2023 EIT Appropriation The values of public property, equipment, and infrastructure are classified as fixed assets in the Annual Audit Report. The actuarial liabilities of compensated absences post-retirement benefits) are also disclosed in our Annual Audit Report. The value of fixed assets is critical for mitigating the consequences The next segment of this report will update grant-funded projects that are in progress or proposed.  Budget.  Pandemic.  prior to the COVID-19 Pandemic are now paid $17.50 per hour.  5202,598.00/2023 Total General Fund Budget. $11,018,524.00).  of compensated absences on the financial statements.  2    Overview of Grant Projects in Progress  Since the inception of the LSAI Program in 2008, Kingston has received 511.263.303.00n5A Local Share Account #13 and #14, Kingston Municipal Building Renovation Project: The Municipality was awarded $600,000.00 for the Kingston Municipal Building Renovation Project during July of Sean Byrne Construction Company received the bid award for this project in the amount of $1,066,740.00. The bid award is for completely redesigning and renovating the Kingston Municipal Police Department. Additional bid alternates were awarded for renovating Council Chambers and the Administrative Offices. Construction began during the first week in August. Substantial completion is set Due to the significant cost overage of the project, other funds are being pulled from the Municipality's Special Projects Account and Local Share Account #15. The source of funding int the Special Projects Account is lost revenue proceeds from the ARPA distributions. The Municipality is also using thet talent and resources ofi its Department of Public Works for renovating several of the administrative offices and At this time, the Administration is projecting that the Kingston Municipal Building Renovation Project will cost $1,353,662.00 barring any unforeseen construction change orders. The project cost Classification breakdown is as follows: Sean Byrne Construction Base Bid, $1,066,740.00; Furniture, Fixtures, and Equipment, $115,000.00; Engineering, $118,585.00; and Contingency Expenses,  grant awards.  2021 for LSA Grants #13 and #14.  for April 15, 2024.  common areas.  $53,337.001 totaling $1,353,662.00.  The project cost is being funded by the following sources: Local Share Account #13 and #14 $600,000.00, Local Share Account #: 15, $240,000.00; and Special Projects ARPA Funds, $513,662.00. The Special Projects ARPA Funds will be updated with the submission of the 2024 budget in November. The expiration date on the combined grants of #13 and #14 is. June 30, 2024.,  Local Share Account #15, 2022 Kingston Municipal Building Auxiliary Parking Lot Project: The Municipality was awarded $240,000.00 for the 2022 Kingston Municipal Building Auxiliary Parking Lot Project. The new auxiliary parking lot was to be located to the rear of Stegmaier Park with direct access from Welter Lane. The parking lot was to be used for employee parking and public parking for The goal oft the project was to create additional public parking for the Kingston Municipal Building and The scope of work was changed on this grant application because oft the cost overage on the Kingston Municipal Building Renovation Project. Public parking at the Municipal Building will also be less  Stegmaier Park. Stegmaier Park.  problematic now that the District Magistrate's Office has moved.  3    The expiration date on this grant is. June 30, 2025.  Local Share Account #16, Kingston Recreation Center Parking Lot and Site Improvement Project: The Municipality was awarded $230,000.00 for the Kingston Recreation Center Parking Lot and Site  Improvement Project.  The expiration of LSA #16 is June 30, 2026.  The anticipated cost of the Kingston Recreation Center Parking Lot and Site Improvement Project is $605,888.65. Due to the cost of the project and the limited award, the Administration has submitteda second LSA grant application titled Phase 2; Kingston Recreation Center Parking Lot and Site Improvement Project. The new and pending application requests additional funds in the amount of $355,888.65 to cover the difference between the initial award and projected cost oft the project. Phase 2: Kingston Recreation Center Parking Lot and Site Improvement Project will be referenced as LSA Local Share Account #17, Phase 2 Kingston Recreation Center Parking Lot and Site Improvement Project: The application for this project was submitted in the amount of $355,888.65. We anticipate an Luzerne County Office of Community Development Public Infrastructure Improvement Grant: The Municipality was awarded $600,000.00 for the 2022 Pringle Street Infrastructure and ADA Improvement Project. The scope of work includes paving Pringle Street from Wyoming Avenue to Grove Street, building new ADAI ramps at alli intersections, and new signage and pavement markings. The Municipality awarded a contract to Stell Enterprises in the amount of $544,381.65 at the September 6, 2022 Council Meeting. Stell Enterprises also completed emergency sewer repairs at Pringle Street and Korn Street. The emergency sewer repairs cost $28,941.00 and were paid from the grant. The paving and ADA work were completed in August of 2023. The new, pavement markings and signage Luzerne County Office of Community Development Public Infrastructure Improvement Grant: The Municipality of Kingston was awarded $235,307.00 for paving and infrastructure improvements on The contract documents for this project were posted on PennBid on September 20, 2023. The bid  #17.  announcement in the Spring of2 2024.  willl be complete by October 31, 2023.  Brook Avenue between Division Street and Pringle Street.  opening is October 6, 2023. This will be a fall2 2023 or spring 2024 project.  4    Keiper Park" Tennis Court and Pickleball Improvement Project (DCNR): The Municipality was awarded $211,600.00 fort the Keiper Park Tennis Court and Pickleball Improvement Project. The total estimated cost oft the project is $423,200.00. Thei funds were received through the Department of Conservation and Natural Resources Park Rehabilitation and Development Program. The grant requires matching funds in the amount of 50%. Therefore, the Municipality's match on this grant is  $211,600.00.  The scope of work on the grant involves complete excavation and rebuilding oft the existing subsurface materials comprising the court system. The new court system will be designed for tennis and pickleball. The: scope of work also includes new posts, center pins, netting, fencing, and decorative safety lighting. This project is delayed because of the significant cost overage on the Kingston Municipal Building Renovation Project. Iti is our intention to begin working on this project circa April 1, 2024, with  substantial completion set for. June 30, 2024. The expiration date on this grant is December 31, 2026.  2021 West Union Streetscape Project: The Municipality was awarded $150,000.00 for the 2021 West Union Streetscape Project earlier this year. DCED is the funding agency. The Municipality applied for $2,618,607.64 for the project. Due to the award being substantially less than the cost of the project, the Municipality resubmitted a separate application through PADOT's Multimodal Program during the Please see the next segment oft this narrative detailing the PAI DOT Multimodal award and scope of  fall of 2022. work.  The expiration date on this grant is June 30, 2025.  2023 PADOT West Union Streetscape Project: The Municipality was awarded $873,000.00 for1 the 2023 PA DOT West Union Streetscape Project. Although sizeable, the grant award is considerably less than the estimated cost of the project, which is $2,618,607.64. Between the PAI DOT grant award and the DCED grant award, the Municipality has $1,023,000.00 int total funds for the West Union Streetscape Project. The Municipality also applied for $1,500,000.00 through PA DOT's Transportation Alternative Set-Aside Program during 2023 as at third source of funding for the project. The application is set to go through a review process later this year with no indication of when the grants will bei funded.  The scope of work for the West Union Streetscape Project is as follows:  West Union Street is a primary gateway point toi the Municipality of Kingston. The present condition of alli infrastructure along West Union Street is undesirable, unsafe, and dated. The proceeds of the 2023 West Union Streetscape Project will be used to correct pedestrian right-of-way deficiencies on' West  5    Union! Street along with energy efficient public safetyir improvements and substantially enhanced green The scope of worki includes the installation of new sidewalks and curbing. The existing sidewalks and curbing are severely damaged from tree roots, snowplows, and decay. The new curb line on the south- side of West Union Street will be extended by two additional feet from its current location to The scope of work includes new decorative street lighting poles with energy efficient luminaires for increased public safety and beautification on West Union Street. The existing street lighting system is comprised of high-pressure sodium luminaires which consume approximately 400 watts of power. The new LEDI luminaires will consume approximately 190 watts of power which will reduce energy consumption by more than! 50%. Additionally, int terms of cost efficiency, new LED luminaires will have a useful life of 100,000 hours compared to the high-pressure sodium luminaires which have a useful life of The existing wooden utility poles will be replaced with black composite poles for reattaching the utilities. The existing curb line on the southside of West Union Street will be moved two additional feet for the construction of new tree pits. The existing wooden poles must be removed as it will not be possible to move the curb line and build new tree pits if they remain in their present locations. Although the curb line is not being extended on the northside of the street, the existing wooden poles must be relocated to accommodate the new tree pits and sidewalks. The required slope on the new ADAI ramps will also extend further from thei intersections than the existing ramps on both sides oft the street which will require new locations for both street lighting and utility poles. The precise location of both street The scope of work includes newi illuminated pedestrian crosswalk systems at alli intersections along West Union Street. There are currently no illuminated crosswalk systems in the project area. All intersections will also receive new. ADA compliant mast arms and signage fori increased beautification and public The project area currently contains 281 trees that are oversized, severely decayed, or dead. The trees are causing significant damage to curbs, storm basins, sidewalks, and sewer laterals. The scope of work includes 561 new trees that are appropriately sized and aesthetically matched for the streetscaping project. The new trees will be planted in ornate pits containing proper soil and drainage elements. West Union Street is a designated K-Route referenced by number K043. According to PA DOT1 traffic data, 4,336 vehicles and 1381 trucks travel West Union Street on a daily basis. West Union Street also serves as a major connecting artery for PA Route. 309, US11, and the Back Mountain. West Union Street isc densely populated with residential homes and small businesses which generate significant pedestrian traffic. The intersections of West Union Street and Schuyler Avenue and West Union Street and Mercer Avenue are designated bus stops fors school children. West Union Street is also one block away from Schuyler Avenue Elementary School. The new sidewalks and crosswalk: systems are extremely important  space features.  accommodate new decorative tree pits.  20,000 hours.  lighting and utility poles will be determined during construction.  safety.  int terms of safely integrating the school, neighborhood, and business traffic.  The expiration date on this grant is. June 30, 2026.  6    2022 Luzerne County ARPA Grant: The Municipality received $1,824,475.00 through Luzerne County's ARPA Program for a new! ladder truck. The cost of the new ladder trucki is $1,921,000.00. The new ladder truck was ordered on April21, 2023. Delivery of the new laddert trucki is set at 10 months The balance of $96,525.00 will be shared in a manner to be determined at a future time between the PCCD Kingston Police Body' Worn Cameras Grant: The Municipality received a $97,673.00 grant award from the Pennsylvania Commission on Crime and Delinquency for body worn cameras fora all At this time, $58,995.30 has been drawn down on the grant. All Kingston Police Officers have been The Administration thanks Council Member Kate McMahon for writing the grant application.  from the order date.  Municipality of Kingston and Forty Fort Borough.  Kingston Police Officers. outfitted with cameras.  Opioids Class Action Litigation: The Municipality is part ofa a class action lawsuit concerning the opioid crisis. Although not a competitive grant, the Administration selected this segment oft the report for updating and disclosing the status oft thei funds. As part oft thei final settlement agreement, the Municipality will receive $249,917.01 from the lawsuit. The net proceeds will be paid incrementally over a period of approximately 18 years. There is no definitive approved use off funds at this time other "Under the terms of the settlement trust, "Opioid Remediation" means care, treatment, and other programs and expenditures (including reimbursement for past such programs or expenditures except where this Agreement restricts the use of funds solely to future Opioid Remediation) designed to (1) address the misuse and abuse of opioid products, (2) treat or mitigate opioid use or related disorders, or (3) mitigate other alleged effects of the opioid abuse crisis, including on those injured as a result of the  than the following which was received from our settling attorney:  opioid abuse crisis."  At this time, the Municipality received $25,657.74.  The Administration will provide more information as it becomes available.  Pending Projeets and Grant Applieations for Building New and Exeiting PAI DOTTransportation Alternatives Set-Aside Program for West Union Streetscape Project: The Municipality applied for additional funds through this program to be used for the West Union  Gateway Points to Our Community  7    Streetscape Project. The Municipality applied for maximum allowable funds in the amount of  $1,500,000.00.  The scope of work is substantially the same as that oft the applications that have been awarded by DCEC  and PA DOT. There isa a panel review of applications in November 2023.  Potential rojeets and Diseussion Points  For the purpose of engaging conversation and thought, this section oft the report contains potential projects and talking points that we feel are important for the community. The Administration  encourages input on these matters and welcomes newi ideas.  During your evaluation, please take into consideration the LSA Grant Program, state andi federal grant programs, public/ / private partnerships, and municipal budget appropriations. There will be minimal proceeds oft the American Recovery Act of2021 Fund remaining after the Municipal Building Renovation Project is completed. There is more detail concerning the American Recovery Act of 2021 funds under The Municipality will be able to refund the 2020 Capital Series Bonds in FY 2025 ifi interest rates  the Finance and Administration section oft this report.  cooperate.  Isita a priority to do additional work at the Kingston Community Pool such as building a secure office area, new restrooms, replacing the roof, and expanding the snack bar with improved ventilation features? Should we consider an LSA application in 2024 for building renovations at Do you feel it is important to invest in new water attractions or other amenities at the Kingston Community Pool? The Administration is currently looking intoi increased safety measures for accessing the high dive. The platform fora accessing the large waterslide is beginning to rusta and Isitap priority to replace the decaying street lighting standards along Wyoming Avenue? The street lighting standards are old, and many are decayed at their base. For reference purposes, the Market Street Lighting Replacement Project cost $350,000.00. Wyoming Avenue will cost more than $1,750,000.00. This will require the use of multiple funding sources and grants due Note: Multimodal Grants are designed to encourage economic development and to ensure that a safe and reliable system oft transportation is available to the residents of the Commonwealth. Eligible projects include but are not limited to streetscaping, transportation improvements, lighting, sidewalk enhancements, crosswalks, pedestrian and traffic signals, planters, trees, etc.  the Kingston Community Pool?  will be costly to replace ini the coming years.  to the costs.  8    Multimodal projects require al local match in the amount of 30% oft the grant award. Applications are, generally accepted between March 1 and. July 31 ofeach year. Doy you support partnering with Wyoming Seminary and perhaps other entities on the submission of a Multimodal Grant for streetscaping improvements along West Market Street Isita a priority to begin replacing segments of our street lighting system with LED fixtures? Unlike PPL, UGI does not currently offer cost-free or subsidized conversion programs. Do you support a comprehensive traffic study for updating or modifying the vehicular: and pedestrian traffic models along Market Street, Pierce Street, and' Wyoming Avenue? This includes but is not limited to timing of the traffic lights, pedestrian crosswalks, parking, and Ass standard procedure, the Municipality currently makes ADA improvements along streets that are newly paved. Do you think it isi important to remove dying or oversized trees as standard procedure when paving streets (paid for by the Municipality)? Any tree removed will be replaced with an appropriate tree pursuant to the Municipality's: Shade Tree Ordinance. Doy you support an LSA Grant or Multimodal Grant for removing oversized trees along with curb, sidewalk, and road restorations in locations where the oversized trees are problematic? Isitap priority to evaluate the condition of Kingston's storm and sanitary sewer systems? Kingston has a very proactive street paving program. Most of Kingston's sewer infrastructure was installed before or shortly after the Agnes Flood of 1972. Storm and sanitary sewer systems Should policy changes be made to deal with utility companies that cut newly paved streets? Would you consider raising taxes or implementing fees for hiring additional code enforcement staff? Do youi favor or prioritize hiring additional code enforcement staff for better enforcement of our Landlord/Tenant Ordinance and Quality of Life Ordinance? Hiring an additional code enforcement officer will also require a significant investment in multi-user software. Do you support annual or biennial inspections of rental properties for the purpose of occupancy and code compliance? The Municipality will need to use the services of a third-party contractor for the inspection process. Our inspection agency, BHW, conducts such inspections. If you support this concept, the Municipality will need to enact an Ordinance for doing SO. Isit necessary to evaluate the PILOT (payment in lieu of tax) agreements that are currentlyi in  and Maple Avenue?  bicycle lanes.  are currently upgraded in conjunction with paving projects.  place?  9    The Municipal-owned property at Main Street and Center Avenue was last appraised at Isita a priority to establish a development or sales plan for thel Main Street School property (fronting the Independent Volunteer Fire Company) owned by! Kingston? Isita a priority to sell or develop the property acquired by the Municipality at 430 Cuba Street (the former Target Table property that was demolished in 2020)? Isita a priority to sell or develop the property acquired by the Municipality at 52-54 South Atherton Avenue? The property was appraised at $22,000.00. The Municipality solicited bids on three separate occasions containing a minimum acceptable bid amount of $22,000.00. No bids were received. Do you support lowering the minimum acceptable bid amount? Isita aj priority to completely renovate Kingston's Department of Public' Works Warehouse and Would you consider partnering with Forty Fort Borough to renovate our Department of Public Works Warehouse to accommodate the needs and services of Forty Fort Borough and the Municipality of Kingston? In other words, both departments will share Kingston's facility for all Isitap priority to continue working with our neighboring communities on the advancement of Are you satisfied with the current policing model with Pringle Borough andi fire model with Forty Arey you satisfied with the accomplishments of the West Side Council of Governments? In recent years, the West Side Council of Governments has acquired a broad spectrum of emergency and public works equipment that is shared by all member communities. Do you thinki it is a good idea to continue in this direction? Do you think we can be better served by utilizing the West Side Council of Governments for alternative services or resources? The West Side Council of Governments applied fori funds through the LSA program to acquire riot and tactical gear for local police departments (Kingston included). Do you support their endeavor? The Municipality of Kingston joined the Lower South Valley Landbank in 2023. Each member of the Landbank received $115,000.00 ing grant funds for acquiring problem properties. Are there properties that you would like the Municipality to acquire through the Landbank? Please see Isitap priority to invest money into our police and fire departments for new capital items? Items toc consider are crime prevention equipment, technology, weapons, non-lethal weapons,  $75,000.00. Isi ita a priority to sell or develop the property?  grounds?  DPW Operations.  shared or consolidated services?  Fort Borough?  the Municipal Administrator for more information.  personal protective equipment, vehicles, and training.  10    Isitap priority to acquire new equipment for flood emergencies or to develop a new master plan Are you satisfied with our current level of services, staffing, and resources allotted to each department? Please consider police, fire, tax collection, administration, code enforcement, garbage and recycling collection, general infrastructure maintenance, recreation, and summer programs. Please see the Mayor or Municipal Administrator to discuss these matters. The annual deadline for the submission of LSA grants has been pushed back from December 31 to September 30. This will require decisions to be made by the end of August as a Resolution of Council and supporting documents from outside agencies are required as supplementary attachments toi the application. Please consider the topics raised in this section or kindly provide the Administration with your suggestions prior to August 31, 2024. Do you have ideas or visions fori improving our government that are not mentioned int this  for flood emergencies?  report? We welcome and encourage your input!  Proposed Cupital Spending Plans for 2024  All department heads have furnished the Municipal Administrator with copies oft their proposed capital spending requests for 2024. Copies of the reports as submitted by the department heads are available by request at the office of the Municipal Administrator. Select items from their proposals will become appropriations in the 2024 Capital Budget. The proposed 2024 Capital Budget will be presented to Municipal Council at a Special Budget Hearing on Wednesday, November 8, 2023.  Personmel  Staffing: Kingston is currently served by 741 full-time employees consisting of the following:  Administration - 7 Includes License and Inspection  DPW-12 Fiefghter/Paramedkes- 31 Police Officers- 21 Police Clerk-1 Parking Enforcement-1 Parks and Recreation- -1  The staffing figures reflect the Municipality's master payroll through September 30, 2023.The Borough of Forty Fort pays the Municipality for the full costs ofs salary and fringe benefits of four (4) full-time firefighters. The following firefighters are fully paid by Forty Fort: Christian Hadesty, Tyler Stull, Dustin  11    Powis, and David Ross. The Kingston Firemen's Community Ambulance Association pays for the full salary of one employee that 7 employees can staff the dayshift positions at all times, Monday through Friday. For the fiscal year of 2023, the Kingston Firemen's Community Ambulance Association contributes $626,100.00 as subsidy toward salary expenses for the fire department whichi includes the Salary and wage subsidies are also received by other entitiess such as Pringle Borough, The Wyoming Valley West School District, and Attorney General's Office. The subsidies are classified in the 01.370 Please refer to the spreadsheet labeled. Analysis of Personnel and Fringe Benefits attached to this report. The report breaks down by department the appropriated costs for salaries, fringe benefits, pension costs, and retiree costs offset by applicable sources of revenue. In other words, the report shows thet true net cost of personnel and retiree related expenses. The report also shows all subsidies The report was designed by the Administration to better illustrate the cost of personnel and fringe benefits as they relate to the total Municipal Budget. The Administration uses a line-item budget for appropriating revenues and expenditures. Many appropriations relating to the direct costs of personnel and services are buried int the budget with other line items making it difficult to realize the actual total  7th dayshift employee.  accounts ini the General Fund Budget.  and offsets for personnel costs.  cost of personnel andi fringe benefits when looking at the budget as a whole.  Calenlation of Debt Limits and emaiming Borrowing Capacity  Net Nonelectoral Debt Limit: Debt Limit Net Outstanding Debt Remaining Borrowing Capacity Net Nonelectoral Debt Plus: DebtLimit Net Outstanding Debt Remaining Borrowing Capacity  (250% of Borrowing Base) $25,046,907.00 Lease Rental Debt Limit $35,065,669.00 (350% of Borrowing Base)  $9,369,798.00 $9,369,798.00  $15,677,109.00 $25,695,872.00  The borrowing base is calculated by averaging the last three years of the Municipality's total audited revenues. Thei total audited revenues are for the years 2020, 2021, and 2022. The total audited revenues for each year are as follows: 2020-$951058600,20.-510.189.47200, and 2022-$ $10,356,230.00. The revenues reflect the cash basis of accounting as maintained by the Administration. The Net Nonelectoral Debt Limit number is calculated at 250% oft the borrowing base less the current amount of outstanding debt, which is comprised of the 2017 Federally Taxable General Obligation Notes int the amount of $5,094,798.00 and the 2020 General Obligation Bonds in the amount of $4,275,000.00. The Net Nonelectoral and Lease Rental Debt Limit number is calculated at 350% of the borrowing base less the current amount of outstanding debt which is comprised of the 2017 Federally Taxable General Obligation Note ini the amount of $5,094,798.00 and the 2020 General Obligation Bonds in the amount  of $4,275,000.00. 12    An illustration prepared by PNC Capital Markets accompanies this report.  Iinderstanding the Mumicipal Budget and Major Sourees of Revenue The 2023 General Fund Budget is comprised of equal sources of revenue and expense appropriations totaling $11,018,524.00. The most significant sources of revenue are derived from real estate taxes, local enabling taxes, service agreement partnerships, and fees for public services. The most significant sources of expenditures are current personnel costs and post-retirement benefit commitments. In an effort to better illustrate the inner workings of our Municipal Budget, the Administration is providing ani in-depth review of the most significant sources of General Fund revenue and expense  appropriations. Revenue Overview  Real Estate Taxes: The Municipality of Kingston levied a Real Estate tax of 1.550 mills on 4,791 taxable parcels for the year 2023. The total taxable parcels decreased by two (2) units from 2022 to 2023. For For the fiscal year of 2021, there were 4,801 taxable parcels of real estate. The reduction ini taxable units from 2021 to 2022 was caused by two (2) Disabled Veteran exemptions, (1) New Exempt Status for There was no increase in real estate tax millage from 2022 to 2023. For calculating the amount of Real Estate tax payable on a parcel, multiply the tax rate (.001550) by the total assessed value. The Muncpalt/staxpayets also pay real estate tax to Luzerne County and the Wyoming Valley West School The following is an illustration of 2023 rates levied on all real property in the Municipality, along with  the fiscal year of 2022, there were 4,793 taxable parcels of real estate.  Wyoming Seminary, and (5) Reverse Subdivisions.  District.  essential data for better understanding the taxation system: Current Taxes Levied by Each Governing Body  %ofTaxlevy  Wyoming Valley' West School District-1 18.4807 Mills (Last Increase 22-23,18.03M) 70.07%  Luzerne County - 6.345 Mills (Increased from 6.196M,22')  24.06% 5.87% 100%  Municipality of Kingston 1 1.55 Mills Total 2021 Real Estate Tax Levies -26.3757  13    The Wyoming Valley' West School District increased their millage from 15.99 mills in 2017 to 16.75 mills in 2018. The Wyoming Valley West School District increased their millage from 16.75 mills in 20181 to 17.29 mills in 2019. There was no taxi increase in 2020. Valley' West Increased their millage from 17.29 mills to 18.03 mills in 2021 There was no increase at Valley' West for the 2022-2023 School Year. Wyoming Valley' West Increased their millage from 18.03 mills to 18.4807 mills for the 2023-2024 school year. For the period of 2018 through 2023, Wyoming Valley West increased their real estate tax Luzerne County raised their property tax rate by 2.4% in 2023 from 6.196M to 6.345M.  millage by 10.33% (2018, 16.75M-2023, 18.4807M).  The Municipality of Kingston last raised property taxes in 20181 from 1.425M to 1.55M. The property tax  rate has not increased in the Municipality of Kingston since 2018.  Only 5.87% of a Kingston homeowner's annual property tax payments go to the Municipality.  Cost of Real Estate Taxes Paid by Kingston's Taxpayers to Each Taxing Body  $150,000AS $2,772.11 $951.75 $232.50 $3,956.36  $250,000AS $4,620.18 $1,586.25 $387.50 $6,593.93  Wyoming Valley West School District-18.4807 Mills Luzerne County -6 6.345 Mills Municipality of Kingston -1.550 Mills Total Real Estate Paid to Each Taxing Body  AS=Assessed Value  Additional Fees Paid by Kingston's Residents: Properties with an assessed valuation of $100,000.000r more are paying an annual fee to the Luzerne County Flood Protection Authority in the amount of  $126.87.  Residential homeowners int the Municipality are paying WVSA! $4.80 per month or $57.60 on an annual Residential Recycling Fee: The Municipality reestablished a residential recycling feei for the fiscal year of 2020. The Municipality offered free recycling to its residents from 1999 to 2019. In recent years, the costs ofr recycling skyrocketed. As of August 2023, the Municipality pays a tipping fee of $42.00 per ton tor recycle single stream materials that are collected curbside. The fee remains unchanged from 2022. The Municipality pays an additional tipping fee of $60.00 per ton, recently decreased from $70.00 per ton, for the glass that is dropped off att the DPW Warehouse, plus a transport fee of $175.00 for every dumpster. The tipping feet for glass recently decreased from $70.00 per ton. Even with the decreased  basis for a stormwater fee. The new fee was established in 2019.  14    tipping fee for separated glass decreased, the Municipality would pay approximately $95.00 per ton at The Municipality does not have alternative options for the collection and disposal of recyclables. The Municipality is mandated by the Commonwealth of Pennsylvania to recycle even during the difficult times caused by the pandemic. In fact, during the pandemic, the Commonwealth classified recycling as As of August 2023, the Municipality also pays a tipping fee of $52.00 per toni for the disposal of solid waste. The current tipping fee increased by $3.00 per tont from 2022. The tipping fee will increase again Garbage Sticker Fee: The unit price of garbage stickers was raised from $2.00 per sticker to $2.50 per sticker during September of 2022. This is the first time that the garbage sticker fee increased in more than 15 years. The increased face value of the sticker was driven byi increased labor costs, fuel costs, mechanical repair costs, capital needs, increased tipping fees, and a new unilateral fuel surcharge assessed by the landfill. Prior to the pandemic the Municipality paid part-time and seasonal employees $10.50 per hour to collect garbage and recycling. The present part-time rate is $17.50 per hour. What are the actual amounts of Real Estate Taxes Collected by the Municipality during the past five Total Real Estate Tax Collected FY 2018: 51,060,508311.55M (Millage Increased from 1.425 to 1.55)  present rates ift the glass were placed back into the curbside collection stream.  an essential public service.  on. January 1, 2024, by $3.00 to $55.00 per ton.  years?  Total Real Estate Tax Collected FY: 2019.51.056.852215M Total Real Estate Tax Collected FY: 2020.510559619515M Total Real Estate Tax Collected 201.5106976/4515M Total Real Estate Tax Collected FY: 202.510702919615M  Note: We have collected $1,037,951.49 of 2023 Real Estate Tax through September 15, or 98.10% of the What is the total assessed value of all Real Estate in the Municipality for each year since 2010? Total Assessed Value of Real Estate FY2 2010: $770,832,100.00 (First Year of Reassessed Values)  510575280appropriated for thei fiscal year.  Total Assessed Value of Real Estate FY2 2011: $766,135,200.00 Total Assessed Value of Real Estate FY2 2012: $758,637,200.00 Total Assessed Value of Real Estate FY2 2013:5751,850.500.00 Total Assessed Value of Real Estate 2014:5757,76.70000 Total Assessed Value of Real Estate FY 2015:5748,649,100.00 Total Assessed Value of Real Estate FY2016: $747,314,200.00 Total Assessed Value of Real Estate 2017:9751,13.300.00  15    Total Assessed Value of Real Estate FY: 2018:5732,631,500.00 Total Assessed Value of Real Estate FY: 2019.5726483,000.00 Total Assessed Value of Real Estate FY 2020: $730,076,900.00 Total Assessed Value of Real Estate FY: 2021: $736,383,500.00 Total Assessed Value of Real Estate FY 2022: $735,415,200.00 Who are Kingston's top ten taxpayers of Real Estate Tax?  Total Assessed Value of Real Estate FY 2023:5734256,800.00 (This will update in November: 23')  Taxpayers Name and Location Dan Flood Preservation Limited Partnership SDK Green Acre Homes Wilkes-Barre Behavioral Hospital Company LLC OHI Asset PA LP (River Run Nursing Home) Kingston Medical LLC Northeast Eye Inst) Kingston Propco LLC Manor Care 2nd Ave) CHCT PAI LLC( (423 Third Avenue) Exchange Right Essential Income (Walgreens)  Total Assessed Value $13,750,000.00 $10,500,000.00 $9,650,000.00 $8,000,000.00 $6,900,000.00 $5,265,000.00 $4,101,600.00 $3,600,000.00 $3,440,300.00 $3,376,400.00 $68,583,300.00  Tiffany Court Geisinger Clinic  Total of Assessed Value of Top 10 Payers  Note: The top 10 taxpayers represent 9.34% of the total 2023 assessed value real estate int the Municipality. Last year, the top ten taxpayers represented 9.33% of the total 2022 assessed value of real Real Estate Tax - Prior Year and Granti in Lieu of Taxes: There are also two other subcategories of Real Estate Tax appropriated int the General Fund Budget: Real Estate Tax- Prior Year and Grant In Lieu of Taxes. Real Estate Tax- Prior' Year is for delinquent Real Estate taxes not paid in the current year. Delinquent taxes are collected by Luzerne County. Actual Land returns, delinquent duplicates that were returned to Luzerne County, totaled $54,760.95 for the year ending December 31, 2022; totaled $55,537.82 for the year ending December 31, 2021; $61,824.50 fori the year ending December 31, 2020; $60,491.71 for they year ending December 31, 2019; $69,782.86 fori the year ending December 31, 2018; $76,242.81 for the year ending December 31, 2017; and $56,725.901 for the yeare ending December 31, For the current year of 2023, the Municipality received $44,692.93 in Real Estate Taxes Prior' Year  estate in the Municipality.  2016.  through September 15, 2023.  16    The appropriation for Grant in Lieu of Taxes totals $29,651.00 in the FY2023 General Fund Budget at line item 01.300.050. The significant composition of this line item is comprised of $24,939.001 for Wyoming Seminary and $2,892.00 for the. Jewish Community Center. The Luzerne County Housing This amount paid to the Municipality by the Wyoming Seminary Preparatory School is for al licensing agreement that provides their campus with a segment of Sprague Avenue that is closed to public traffic. The licensing agreement contains an annual escalator of 2%. The amount paid to the Municipality by the JCCis ai fixed amount based on their total assessed value of real estate multiplied by the Municipality's annual millage rate. Therefore, the amount paid by the. JCC willi increase/decrease if there is change in Deed Transfer Taxes: Deed Transfer Taxes are appropriated in the amount of $360,000.00 in the FY 2023 General Fund Budget at line item 01.310.030. $603,777.56 was collected through September 15, 2023. $451,059.59 was collected through September15, 2022. $542,356.83 was collected through The Municipality/stotal. collection of Deed Transfer Taxes for1 the year ending December 31, 2022, was $605,281.75. The Municipality's total collection of Deed Transfer taxes for the year ending December 31, 2021, was $697,524.77." The Municipality's total collection of Deed Transfer Taxes for the year ending December 31, 2020, was $400,632.75." The Municipality's total collection of Deed Transfer Taxes Deed Transfer Taxes continue to be received at unprecedented levels. Historical annual collections, increased interest rates, and the lack of available housing will eventually cause the unprecedented returns to regress closer to the mean. The mean annual collection range of $350,000.00 to $390,000.00 Local Enabling Taxes: Local Enabling Taxes are comprised oft the Earned Income Tax, Mercantile Tax, and Local Services Tax. The next several pages of this report will provide. substantial detail concerning  Authority also pays $2,066.76 on an annual basis.  the assessed value of their property or Municpalitysmilage rate.  September 15, 2021.  for the year ending December 31, 2019, was $374,511.94.  will be adjusted for thei increased cost of real estate in the Municipality.  Kingston's local economy and data that drives these numbers.  Earned Income Taxes: Earned Income Taxes are appropriated in the amount of $5,202,598.00 in the FY 2023 General Fund Budget. The appropriation for Earned Income Tax accounts for 47.22% of all revenue appropriated ini the FY 2023 General Fund Budget. On September 15, 2023, earned income tax collections totaled $4,218,300.9 or 81.1% ofappropriation. On September 15, 2022, Earned Income Tax Collections totaled $3,899,448.17 or 80.6% of appropriation. On September 30, 2021, Earned Income  Tax collections totaled $3,600,491.70 or 75.53%0 ofa appropriation.  17    What are the actual amounts of Earned Income Tax collected by the Municipality during the past five Total Earned Income Taxes Collected FY 2018: $4,354,331.71 (Increase FY17- FY18=3.98%) Total Earned Income Taxes Collected FY2019: $4,518,434.10 (Increase FY18-FY19=3 3.77%) Total Earned Income Taxes Collected FY 2020: $4,636,221.74 (Increase FY19-PY20-2.609) COVID Total Earned Income Taxes Collected FY 2021:$4,773,831.17 (Increase FY20--PY21-2.9796) Total Earned Income Taxes Collected FY 2022:55,292,180.58 (Increase FY21-FY22=: 10.86%) As reported above, earned income tax collections are at $4,218,300.89 at! September 15, 2023, compared to $3,899,448.17 at September 15, 2022. Therefore, growth in earnedi income tax collections for 2023 compared to 2022 are trending at positive 8.2% heading into thei fourth quarter of the fiscal The evidence and data that we have compiled and analyzed are very positive in terms ofe economic The Administration has compiled wage data from Berkheimer for the purpose ofi illustrating the composition of Kingston'swage earners. The data is derived from taxpayer filings supplied to Berkheimer and the PA Department of Revenue. The wage data illustration tables are fore each filing year Earned Income Tax broken down by wage category and total number of taxpayers for  years?  year.  growth in the Municipality for the fiscal year of 2023 and future years.  between 2018 and 2022.  the year ending December 31, 2018:  TOTAL INCOME 0.00 2,056,305.48 816,711.90 913,395.87 1,307,816.49 1,121,935.57 1,182,874.13 1,416,060.41 1,541,760.47 1,790,208.58 1,465,719.17 1,566,407.19 1,938,580.69 1,778,817.91 1,814,039.32 1,785,411.28 1,760,206.08 2,438,442.11 1,828,603.28 2,319,578.85 2,539,638.50 2,349,576.41 2,650,497.80 2,676,417.95  AVERAGE INCOME 0.00 1,816.52 4,512.22 5,469.44 6,539.08 7,479.57 8,509.89 9,503.76 10,488.17 11,549.73 12,527.51 13,503.51 14,467.02 15,467.98 16,491.27 17,504.03 18,528.49 19,507.54 20,546.10 21,477.58 22,474.68 23,495.76 24,541.65 25,489.69  INCOME 0- .01 - 4,001 - 5,001 - 6,001 7,001 - 8,001 - 9,001 10,001 - 11,001 - 12,001 - 13,001 - 14,001 - 15,001 16,001 17,001 - 18,001 - 19,001 20,001 - 21,001 - 22,001 23,001 - 24,001 - 25,001 -  INDIVIDUALS 804 1,132 181 167 200 150 139 149 147 155 117 116 134 115 110 102 95 125 89 108 113 100 108 105  0 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000 20,000 21,000 22,000 23,000 24,000 25,000 26,000  18    26,001 - 27,001 28,001 29,001 - 30,001 35,001 40,001 50,001 60,001 70,001 80,001 90,001 100,001 - 150,000 150,001 - 200,000 200,001 - 250,000 250,001 300,001 350,001 - 400,000 400,001 450,001 500,001 - 550,000 550,001 - 600,000 600,001 650,001 800,001 - 850,000 850,001 1,000,001 - 1,050,000 1,150,001 1,200,000 1,250,001 1,300,000 2,000,001 2,050,000  27,000 28,000 29,000 30,000 35,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 300,000 350,000 450,000 500,000 650,000 700,000 900,000  105 106 115 119 454 372 618 498 345 238 205 115 203 58 17 14 12 3 5 2 3 2 2 1 1 1 1 1 1 1  2,786,022.96 2,914,572.82 3,278,499.23 3,507,065.84 14,709,888.55 13,958,369.27 27,647,302.45 27,274,434.13 22,361,371.03 17,768,520.99 17,342,420.14 10,905,994.76 24,090,155.68 9,825,019.78 3,779,410.53 3,763,822.13 3,896,858.29 1,115,939.00 2,160,654.00 952,422.00 1,576,374.00 1,133,090.00 1,250,258.00 674,449.00 817,761.00 869,591.91 1,017,374.00 1,159,621.00 1,299,115.24 2,006,519.51  26,533.55 27,495.97 28,508.69 29,471.14 32,400.64 37,522.50 44,736.74 54,767..94 64,815.57 74,657.65 84,597.17 94,834.74 118,670.72 169,396.89 222,318.27 268,844.44 324,738.19 371,979.67 432,130.80 476,211.00 525,458.00 566,545.00 625,129.00 674,449.00 817,761.00 869,591.91 1,017,374.00 1,159,621.00 1,299,115.24 2,006,519.51  Earned Income Tax broken down by wage category and total number of taxpayers for  the year ending December 31, 2019:  TOTAL INCOME 0.00 1,958,741.61 800,097.89 1,033,903.05 1,056,405.42 1,430,571.14 1,291,176.93 1,252,219.10 1,196,988.35 1,535,334.45 1,813,765.29 1,587,595.23 1,716,554.89 1,502,737.78 1,957,001.00 2,029,395.32 2,070,739.68 2,402,589.81 2,055,582.23 1,847,387.62 1,844,031.05 2,326,805.13 2,668,994.48 2,471,511.05 2,779,021.76  AVERAGE INCOME 0.00 1,719.70 4,494.93 5,499.48 6,481.01 7,489.90 8,494.59 9,558.92 10,499.90 11,457.72 12,508.73 13,569.19 14,547.08 15,492.14 16,445.39 17,494.79 18,488.75 19,533.25 20,555.82 21,481.25 22,488.18 23,503.08 24,486.19 25,479.50 26,466.87  INCOME 0- .01 - 4,001 - 5,001 6,001 - 7,001 - 8,001 - 9,001 - 10,001 - 11,001 - 12,001 - 13,001 - 14,001 - 15,001 16,001 - 17,001 - 18,001 19,001 - 20,001 - 21,001 - 22,001 23,001 - 24,001 25,001 - 26,001 -  INDIVIDUALS 801 1,139 178 188 163 191 152 131 114 134 145 117 118 97 119 116 112 123 100 86 82 99 109 97 105  0 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000 20,000 21,000 22,000 23,000 24,000 25,000 26,000 27,000  19    27,001 28,001 - 29,001 30,001 35,001 40,001 50,001 60,001 - 70,001 - 80,001 90,001 - 100,000 100,001 - 150,000 150,001 200,001 250,001 - 300,000 300,001 - 350,000 350,001 - 400,000 400,001 - 450,000 450,001 500,001 550,001 = 600,000 600,001 - 650,000 650,001 - 700,000 700,001 - 750,000 1,050,001 - 1,100,000 1,150,001 - 1,200,000 1,500,001 1,550,000 1,700,001 - 1,750,000 2,200,001 - 2,250,000  28,000 29,000 30,000 35,000 40,000 50,000 60,000 70,000 80,000 90,000 200,000 250,000  113 116 101 469 402 655 520 352 287 185 116 220 61 27 13 10 5 4 3 2 1 3 1 2 1 1 1 1 1  3,105,524.43 3,308,216.36 2,981,002.81 15/254,602.57 15,023,820.64 29,293,063.95 28,393,018.36 22,767,004.28 21,462,159.35 15,743,169.78 10,986,006.86 25,992,205.88 10,362,786.56 6,005,415.12 3,573,227.46 3,300,695.82 1,832,968.00 1,769,772.91 1,423,627.57 1,052,194.00 574,648.00 1,845,588.00 692,279.55 1,458,858.00 1,065,492.00 1,165,137.93 1,524,499.00 1,723,314.03 2,206,249.20  27,482.52 28,519.11 29,514.88 32,525.81 37,372.69 44,722.24 54,601.96 64,678.99 74,781.04 85,098.22 94,706.96 118,146.39 169,881.75 222,422.78 274,863.65 330,069.58 366,593.60 442,443.23 474,542.52 526,097.00 574,648.00 615,196.00 692,279.55 729,429.00 1,065,492.00 1,165,137.93 1,524,499.00 1,723,314.03 2,206,249.20  500,000 550,000  Earned Income Tax broken down by wage category and total number of taxpayers for  the year ending December 31, 2020:  TOTAL INCOME 0.00 2,075,928.99 858,971.71 1,153,227.44 1,156,856.03 1,247,809.74 1,294,335.19 1,177,999.12 1,365,613.99 1,611,983.68 1,314,563.26 1,759,751.69 1,608,988.69 1,874,696.64 1,305,831.19 1,678,646.44 1,889,557.80 2,101,869.42 1,780,944.40 1,956,179.98 2,024,964.13 2,229,403.89 2,105,299.99 2,089,450.82 2,597,319.50  AVERAGE INCOME 0.00 1,697.41 4,473.81 5,491.56 6,499.19 7,516.93 8,459.71 9,423.99 10,504.72 11,514.17 12,519.65 13,536.55 14,495.39 15,493.36 16,529.51 17,485.90 18,525.08 19,461.75 20,470.63 21,496.48 22,499.60 23,467.41 24,480.23 25,481.11 26,503.26  INCOME 0- .01- 4,001 5,001 - 6,001 - 7,001 - 8,001 - 9,001 10,001 - 11,001 - 12,001 13,001 - 14,001 - 15,001 - 16,001 - 17,001 - 18,001 - 19,001 - 20,001 - 21,001 - 22,001 - 23,001 - 24,001 - 25,001 - 26,001 -  INDIVIDUALS 1,056 1,223 192 210 178 166 153 125 130 140 105 130 111 121 79 96 102 108 87 91 90 95 86 82 98  0 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000 20,000 21,000 22,000 23,000 24,000 25,000 26,000 27,000  20    27,001 = 28,001 - 29,001 30,001 - 35,001 40,001 50,001 60,001 - 70,001 80,001 90,001 - 100,000 100,001 - 150,000 150,001 - 200,000 200,001 250,001 - 300,000 300,001 - 350,000 350,001 400,001 - 450,000 450,001 - 500,000 500,001 550,001 - 600,000 650,001 - 700,000 850,001 - 900,000 900,001 1,000,001 - 1,050,000 1,750,001 = 1,800,000 2,000,001  2,050,000  28,000 29,000 30,000 35,000 40,000 50,000 60,000 70,000 80,000 90,000 250,000 400,000 550,000 950,000  93 90 107 443 387 674 495 374 262 193 133 230 54 21 14 7 6 3 5 5 2 2 1 1 1 1  2,554,645.34 2,564,398.34 3,157,724.60 14,411,447.68 14,471,285.55 30,179,912.06 27,147,046.13 24,240,604.55 19,520,310.50 16,354,691.23 12,563,644.58 27,330,041.24 9,371,625.30 4,662,675.73 3,805,679.13 2,238,999.22 2,183,726.00 1,245,492.31 2,368,620.85 2,598,393.02 1,120,353.00 1,303,585.87 880,091.00 947,633.11 1,010,964.00 1,790,958.17 2,004,382.00  27,469.30 28,493.31 29,511.44 32,531.48 37,393.50 44,777.32 54,842.52 64,814.45 74,505.00 84,739.33 94,463.49 118,826.27 173,548.62 222,032.18 271,834.22 319,857.03 363,954.33 415,164.10 473,724.17 519,678.60 560,176.50 651,792.94 880,091.00 947,633.11 1,010,964.00 1,790,958.17 2,004,382.00  Earned Income Tax broken down by wage category and total number of taxpayers for  the year ending December 31, 2021:  TOTAL INCOME 0.00 1,912,744.77 849,998.42 1,163,898.11 977,926.76 1,052,523.00 982,296.10 1,321,485.12 1,445,332.96 1,485,673.99 1,372,646.91 1,699,500.57 1,578,444.16 1,645,810.50 1,761,701.95 1,717,890.95 1,722,657.34 1,774,168.01 1,989,868.12 1,442,787.93 2,031,159.74 1,882,142.22 2,275,883.26 1,913,650.27 2,361,411.11 2,830,864.18 2,732,842.71  AVERAGE INCOME 0.00 1,732.56 4,473.68 5,490.09 6,476.34 7,464.70 8,541.71 9,507.09 10,473.43 11,516.85 12,478.61 13,488.10 14,481.14 15,526.51 16,464.50 17,529.50 18,523.20 19,496.35 20,514.10 21,534.15 22,568.44 23,526.78 24,471.86 25,515.34 26,532.71 27,484.12 28,467.11  INCOME 0- .01 4,001 5,001 6,001 - 7,001 - 8,001 9,001 - 10,001 - 11,001 - 12,001 - 13,001 - 14,001 - 15,001 - 16,001 - 17,001 - 18,001 - 19,001 - 20,001 - 21,001 22,001 - 23,001 - 24,001 - 25,001 - 26,001 - 27,001 - 28,001 -  INDIVIDUALS 1,115 1,104 190 212 151 141 115 139 138 129 110 126 109 106 107 98 93 91 97 67 90 80 93 75 89 103 96  0 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000 20,000 21,000 22,000 23,000 24,000 25,000 26,000 27,000 28,000 29,000  21    29,001 30,001 35,001 40,001 50,001 60,001 70,001 80,001 - 90,001 - 100,000 100,001 - 150,000 150,001 200,001 250,001 - 300,000 300,001 - 350,000 350,001 400,001 450,001 - 500,000 500,001 600,001 - 650,000 650,001 - 700,000 800,001 900,001 1,000,001 - 1,050,000 1,250,001 1,300,000 2,650,001 2,700,000  30,000 35,000 40,000 50,000 60,000 70,000 80,000 90,000 200,000 250,000 400,000 450,000 550,000 850,000 950,000  108 463 442 691 541 370 277 218 162 257 65 21 16 11 5 1 5 2 2 2 1 1 1 1 1  3,186,455.79 15,035,311.32 16,583,041.89 30,902,886.92 29,691,626.73 23,962,551.81 20,655,851.06 18,492,287.11 15,311,184.90 30,142,685.68 11,025,643.61 4,708,296.95 4,409,572.21 3,575,906.97 1,829,528.84 423,907.12 2,399,666.66 1,052,141.12 1,271,232.00 1,357,127.82 822,103.45 934,988.00 1,024,462.00 1,256,396.00 2,677,081.37  29,504.22 32,473.67 37,518.19 44,721.98 54,882.86 64,763.65 74,569.86 84,827.01 94,513.49 117,286.71 169,625.29 224,204.62 275,598.26 325,082.45 365,905.77 423,907.12 479,933.33 526,070.56 635,616.00 678,563.91 822,103.45 934,988.00 1,024,462.00 1,256,396.00 2,677,081.37  Earned Income Tax broken down by wage category and total number of taxpayers for  the year ending December 31, 2022:  TOTAL INCOME 0.00 1,849,730.41 789,807.09 882,935.41 1,113,155.74 1,065,659.31 1,134,885.51 1,390,322.04 1,148,395.26 1,623,149.06 1,297,890.07 1,567,060.66 1,614,121.98 1,592,703.19 1,548,110.71 1,838,968.17 1,947,149.66 1,875,959.26 2,009,905.56 1,745,042.51 2,414,326.21 2,514,104.99 2,205,973.58 2,065,757.74 2,305,333.28 2,776,965.50 2,419,410.67 2,951,653.93 15,365,053.26 17,314,870.79  AVERAGE INCOME 0.00 1,808.14 4,487.54 5,518.35 6,471.84 7,504.64 8,469.29 9,522.75 10,535.74 11,511.70 12,479.71 13,509.14 14,541.64 15,463.14 16,469.26 17,513.98 18,544.28 19,541.24 20,509.24 21,543.73 22,563.80 23,496.31 24,510.82 25,503.18 26,498.08 27,494.71 28,463.65 29,516.54 32,484.26 37,478.08  INCOME 0- .01 4,001 5,001 - 6,001 7,001 - 8,001 9,001 10,001 11,001 - 12,001 - 13,001 - 14,001 15,001 - 16,001 - 17,001 - 18,001 - 19,001 - 20,001 - 21,001 - 22,001 - 23,001 - 24,001 - 25,001 - 26,001 - 27,001 28,001 - 29,001 - 30,001 35,001 -  INDIVIDUALS 1,138 1,023 176 160 172 142 134 146 109 141 104 116 111 103 94 105 105 96 98 81 107 107 90 81 87 101 85 100 473 462  0 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000 20,000 21,000 22,000 23,000 24,000 25,000 26,000 27,000 28,000 29,000 30,000 35,000 40,000  22    40,001 50,001 - 60,001 70,001 80,001 - 90,001 - 100,000 100,001 - 150,000 150,001 - 200,000 200,001 - 250,000 250,001 - 300,000 300,001 350,001 - 400,000 400,001 450,001 550,001 - 600,000 600,001 650,001 700,001 850,001 - 900,000 1,050,001 - 1,100,000 1,200,001 1,250,000 2,000,001 - 2,050,000 2,750,001 - 2,800,000  50,000 60,000 70,000 80,000 90,000  740 581 395 328 245 157 298 80 27 24 9 5 4 3 1 2 4 1 1 2 1 1 1  33,050,338.67 31,771,836.46 25,432,929.16 24,489,303,70 20,724,670.88 14,796,389.41 35,422,700.05 13,965,267.29 5,922,753.33 6,582,157.81 3,029,387.00 1,819,945,90 1,688,087.90 1,406,328.00 597,103.44 1,265,957.00 2,687,676.43 750,000.00 850,002.76 2,153,462.00 1,250,000.00 2,027,501.15 2,783,599.53  44,662.62 54,684.74 64,387.16 74,662.51 84,590.49 94,244.52 118,868.12 174,565.84 219,361.23 274,256.58 336,598.56 363,989.18 422,021.98 468,776.00 597,103.44 632,978.50 671,919.11 750,000.00 850,002.76 1,076,731.00 1,250,000.00 2,027,501.15 2,783,599.53  350,000 450,000 500,000 650,000 700,000 750,000  Based on the state wage tables for 2018, 2019, 2020, 2021 and 2022, Kingston's total gross wages are:  $266,901,902.68 - FY2018 $278,515,698.68 -FY2019 $272,289,124.24 FY2020COVID $286,657,246.49 FY2021 $314,835,799.42- FY2022  The gross earning based on the state wage table reflect a 9.83% in reportable wages from FY21'-FY22', Based on the state wage tables for 2018, 2019, 2020, 2021 and 2022, the total amount oft taxpayers  which is consistent with our collections increase of 10.86% for this period.  paying earned income tax to Kingston are as follows:  7,575 -FY2018 7,688- FY2019 7,603-FV2020COVID 7,613-FY2021 7,819-FY2022  Mercantile Tax: Mercantile Taxi is appropriated in the amount of $148,700.00 in the FY 2023 General Fund Budget. $135,969.30 is collected through September 15, 2023, or 91.4% ofa appropriation. $141,242.64 was collected through September 30, 2022, or 95.1% ofa appropriation. The total amount of Mercantile Tax collected for the fiscal year of 2022 was $148,825.44. The total amount of Mercantile Tax Mercantile tax collections are based on the prior year'sg gross receipts of Kingston's businesses.  collected for the fiscal year of2 2021 was $143,587.59.  23    Who are Kingston's top taxpayers of Mercantile Taxes for 2023?  Name of Business Bonner Chevrolet Aldi Inc. #97 PACVS Pharm LLC #2133 Eye Care Specialists-VIP Walgreens #7843 Turkey Hill Stores* Cooks Pharmacy MYGRANT Glass Co. Optimus Solutions Air Gas USA LLC  Amount Paid 2023 to Date $21,009.50 $15,309.50 $13,559.00 $11,514.00 $7,042.00 $6,475.00 $6,003.00 $3,072.50 $2,707.50 $3,949.00  Who are Kingston's top taxpayers of Mercantile Taxes based on 2022 Gross Receipts?  Name of Business Bonner Chevrolet Aldi Inc. #97 PA CVS Pharm LLC #2133 Eye Care Specialist-VIP Walgreens #7843 Turkey Hill Stores* Cooks Pharmacy MYGRANT Glass Co. Optimus Solutions Airgas USA LLC  Gross Business Receipts $24,673,317.00 $20,412,666.67 $18,078,666.67 $15,352,000.00 $9,389,333.33 $8,634,000.00 $8,004,000.00 $5,691,400.00 $5,415,000.00 $5,265,333.33  The asterisk by Turkey Hill indicates that all three Kingston stores are included in the figures reported.  Who are Kingston's 10 largest employers for 2023?  Name of Business Municipality of Kingston Express Services Inc Custom Staffing Solutions Chesapeake Eye Care Management PC Luzerne Intermediate Unit Luzerne Transportation Authority Kingston Operations LLC Hospital Central Services HCSC Specialized Education OF Intermountain Medical Group  Number of Employees 251 223 184 172 168 166 157 136 98 96  (The employer numbers are from. 1st Quarter. 2023 LST Returns)  24    Local Services Taxes: Local Services Taxes are appropriated in the amount of $290,000.00 int the FY2023 General Fund Budget. Berkheimer provided LST taxpayeri information to the Municipality for the first quarter of 2023. reporting 6,963 taxpayers. For the first quarter of 2022, Berkheimer reported 7,198 taxpayers. Fori the first quarter of 2021, Berkheimer reported 7,308 taxpayers. For the first quarter of 2020, Berkheimer reported 7,824 taxpayers. All taxpayers earning more than $12,000 annually pay the  Local Service Tax.  What are the actual amounts of Local Services Tax collected by the Municipality during the past five  years?  Total Local Services" Taxes Collected FY 2018: $289,874.70 Total Local Services Taxes Collected FY 2019: $293,947.34 Total Local Services Taxes Collected FY2 2020: $278,209.33 Total Local Services Taxes Collected FY 2021: $284,291.66 Total Local Services Taxes Collected FY2022: $292,107.58  The most significant sources of revenue for service agreement partnerships and fees for public service are Reimbursement for ALS (Advanced Life Support Agreemento between the Municipality and Kingston Firemen's Community Ambulance Association); the Sale of Trash Stickers; and the residential recycling  fee established in 2020.  What are the actual amounts of Reimbursement for ALS revenue during the past five years?  Total Amount of Reimbursement for ALS Revenue FY: 2018: $450,000.00 Total Amount of Reimbursement for ALS Revenue FY: 2019: $450,000.00 Total Amount of Reimbursement for ALS Revenue FY 2020: $494,571.60 Total Amount of Reimbursement for ALS Revenue FY 2021: $529,416.12 Total Amount of Reimbursement for ALS Revenue FY2022:5529,41612  What are the actual amounts of revenue collected from the Sale of Trash Bags during the past five years?  Total Amount of Trash Sticker Revenue Collected FY: 2018: $469,978.00 Total Amount of Trash Sticker Revenue Collected FY 2019: $458,534.00 Total Amount of Trash Sticker Revenue Collected FY: 2020: $595,712.00 COVID Total Amount of Trash Sticker Revenue Collected FY 2021: $644,228.44 Total Amount of Trash Sticker Revenue Collected FY 2022: $655,163.00  What are the actual amounts of revenue collected from the Residential Recycling Fee? Total Amount of Residential Recycling Fee Revenue Collected FY 2020: $129,924.89 COVID Total Amount of Residential Recycling Fee Revenue Collected FY 2021:$143,484.24 Total Amount of Residential Recycling Fee Revenue Collected FY: 2022: $132,556.16  25    Iinderstanding the Municipal Budget and (Dverview of Munieipal Expemses Iti is thej jobc oft the Administration to spend money in a prudent and efficient manner. Based on Kingston's estimated population of 12,873 residents (2020 US Census), doy you know what it costs per resident for essential public services appropriated ini the General Fund? We are hopeful that this information will give our elected officials and residents al better understanding of how their tax dollars are spent. What was the total amount of annual General Fund Spending for the last five years? The Total Amount of 2018 General Fund Spending: $8,843,216.25 Annual Increase The Total Amount of 2019 General Fund Spending: $9,255,304.11 --- $412,087.86 The Total Amount of 2020 General Fund Spending: $9,584,714.39-- $329,410.28 The Total Amount of 2021 General Fund Spending: $9,948,830.68- $364,116.29 The Total Amount of 2022 General Fund Spending: 0,92029-3503861  What does it cost each resident (Population 13,349) in the Municipality for essential government  services as appropriated in the 2023 Municipal Budget? FY: 2023 Administration: $797,117.00 or $59.71 per Resident FY 2023 Tax Collection Services: $39,478.00 or $2.96 per Resident  FY 2023 Police Expenses: $2,863,486.00 or $214.51 per Resident (Pringle Reimbursement Deducted) FY 2023 Fire and EMS Expenses: $2,539,483.00 or $190.24 per Resident (ALS Reimbursement Deducted) FY2023 DPW Expenses: $845,927.00or; $63.37 per Resident (Trash Sticker Fees & Recycling Fee Ded.) At August 31 of each year, encumbered expenses should total 66.58% of all expenses appropriated.  FY 2023 License and Inspection Expenses: $249,141.00 or $18.66 per Resident  Total General Fund Spending at August 31 for the past five years is as follows: Total General Fund Spending at August 31, 2019 = $5,988,956.18 or 66.36% of Budget Total General Fund Spending at August 31, 2020= $6,126,473.06 or 65.59% of Budget Total General Fund Spending at August 31, 2021 =$ $6,124,574.87 or 62.45% of Budget Total General Fund Spending at August 31, 2022=$ $6,611,485.22 or 64.63% of Budget Total General Fund Spending at August 31, 2023-57,073484.59 or 64.20% of Budget  Fimanee and Admimistration  Accounting System and Banking: The Administration operates pursuant to the cash basis of accounting. The Municipality has been banking exclusively with Fidelity Bank since December of 2016. The move to Fidelity bank was accomplished through a comprehensive RFP for general banking services, general borrowing needs, and the need for a general obligation note that was used to fund the Municipality's  All of Kingston's bank accounts are with Fidelity Bank.  26    pension liabilities. Fidelity currently pays interest on all accounts at 3.75%. Last year at this time the Cash on Hand: How does our cash on hand on September 30, 2023 compare to September 30, 2022? Interest is not included in the 2023 numbers, nor are they reconciled, due to the timing of this report.  interest rate was .55%. The rate will increase again to 4.3% on October 1, 2023.  Cash on Hand September 30, 2022  Cash on Hand September 28, 2023 $2,604,815.95 $14,962.31 $177,532.29 $244,128.73 $22,142.81 $439,340.37 $10,267.73 $61,673.36 $301,274.55  General Fund Community. Advancement Liquid Fuels Sewer Escrow Account Recreation Center Special Projects* Shade Tree Escrow Kingston Pool Fund Bond Capital Account  $2,107,465.46 $21,901.72 $188,704.22 $233,816.06 $27,332.42 $777,089.83 $12,115.29 $107,316.81 $465,677.92  Notes Concerning Cash: Due to the deadline for submitting this report, it was not possible to obtain Please note that the Special Projects Account serves as a clearance account for grant funded projects and one-time unique projects. The current balance of $776,810.78 is comprised of $773,982.19in  actual month ending numbers for September of 2023.  American Recovery Act Funds.  Credit Rating: The Municipality achieved a new investment-grade credit rating with Standard and Poor's in September 2022 of AA- Stable. The Municipality continues to maintain this credit rating score. 2020 Restructuring of Fidelity Bank General Obligation Note: The Municipality borrowed $6,703,681.00 from Fidelity Bank in. January of 2017 to fully fund its pension plans. The borrowing is classified as a Taxable General Obligation Note with at term of 25 years and fixed interest rate of 4.5%. The Administration successfully negotiated a newi interest rate on the borrowingi in April of 2020 as part of an overall cost mitigation plan due to the COVID-19 pandemic. The fixed rate of interest on the The reduced rate of interest saved the Municipalitys $60,730.85 per year or $1,336,078.70 over the Ap payment in the amount of $390,588.61 is due later this year on December 15, 2023. After making the  borrowing was reduced from 4.5% to 3.125%. remaining life of the borrowing.  payment, the outstanding balance on the note is $5,322,374.25.  27    2022-2023 Liquid Fuels Funding: The Municipality's estimated Liquid Fuels funding for 2024i is $344,139.55. The funding is based on the Municipality's total lineal street mileage of 33.81 and population of1 13,349. The Municipality received Liquid Fuels funds in the amount of $349,931.501 for FY 2023. The Municipality received Liquid Fuels funds ini the amount of $339,381.30 for FY: 2022. The Municipality received Liquid Fuels funds in the amount of $339,596.04 for FY2 2021. The Municipality also receives annual Turnback Funds through the Liquid Fuels Program in the amount of$10,920.00. The Turnback Funds of $10,920.00 are constant and do not fluctuate. Workers Compensation Insurance: The premium for Workers Compensation Insurance for the period August 1, 2023 July 31, 2024 is $251,515.00. The expiring premium for Workers Compensation Insurance for the period August 1, 2022 -J July 31, 2023 was $241,226.00. The premium for the period August 1, 2021 -. July 31, 2022 was $234,087.00. The premium for the period August 1, 2020- -J July 31, 2021 was $221,922.00. The premium for the period August 1, 2019 -J July 31, 2020 was $224,973.00. The The Municipality'se experience modification factor decreased from 1.066 for the 2022-2023 period to Health Insurance: Renewal rates for 2024 will be released by BENECON sometime during October of 2023. BENECON notified the Municipality by email that 2024 rates will more than likely increase by 6%. 2022 was an excellent year fort the Municipality! in terms of claims utilization. For the fiscal year of 2022, the Municipalitysactual claims utilization was 65.70% of what BENECON actuarially established for 2022. Therefore, BENECON is returning overpaid premiums to the Municipality in the amount of $373,386 during the fiscal year of 2023. The Municipality received $181,444.00 of this amount in. June of 2023. The balance of $191,942 will be paid to the Municipality in October of 2023 when the 2024 rates At. July 31, 2023, the Municipality's: actual claims utilization was 85.89% of what BENECON actuarially established for 2023. If1 this trend werei to remain unchanged for the remainder of 2023, premiums would be returned in the approximate amount of $126,680.00 during 2024. We will update this Service Electric Franchise Agreement: The Municipality enacted an Ordinance dated August 2, 2021, which established a ten (10) year renewal on the 2006 franchise agreement with Service Electric Cable TV that was set to expire on December 31, 2021. Service Electric Cable TV pays the Municipality five percent (5%) of gross basic and premium services offered by the company. The revenue collected by the Municipality from Service Electric Cable TVi is appropriated at line item 01.320.100 in the General Fund Budget. At August 31, 2023, Service Electric Cable TV paid the Municipality $45,934.14.) At August 31, 2022, Service Electric Cable TV paid the Municipality $47,273.32. For thei fiscal year of 2022, Service Electric Cable TV paid the Municipality: $47,733.32, which was $27,435.12 less than 2021 because of  premium for the period August 1, 2018 -J July 31, 2019 was $241,765.00.  .9291 for the 2023-2024 period.  are released.  information with the first reading oft the 2024 Municipal Budget.  28    competition with Comcast. For the fiscal year of 2021, Service Electric Cable TV paid the Municipality $75,168.44. For the fiscal year of 2020, Service Electric Cable TV paid the Municipality $112,926.50. Comcast Franchise Agreement: The Municipality established a new 10 year, nonexclusive franchise agreement with Comcast, effective February 4, 2019. Pursuant to the agreement, Comcast will provide cable, internet, and communication services to our community. Comcast will pay a franchise fee toi the Municipality in an amount equal to! 5% of the annual gross revenue received from the operation of the At August 31, 2023, Comcast paid the Municipality $33,324.62. At August 31, 2022, Comcast paid the Municipality 29,178.71. For the fiscal year of 2022, Comcast paid the Municipality $39,827.26. For the fiscal year of 2021, Comcast paid the Municipality $27,903.15. The fiscal year of 2020 was noti included int this report because Comcast was limited to providing services to isolated areas oft the community Although Comcast will: soon have more customers than Service Electric Cable TV, streaming services such as' Youtube TV and Sling are dominating the market at this time. The Municipality does not receive Pension Funds: Pursuant to Act 205, which is the Commonwealth's Pension Law, the Administration is required to present the estimated MMOS (Minimum Municipal Obligation) for thei forthcoming year to the governing body by September 30th. The MMOS, as certified by the MuncpaltysACtualy, areas  cable services.  during their infrastructure building process.  any proceeds from web-based products.  follows.  FY2021 MMOS FY2022 MMOS FY2023MMOs FY2024MMOS  Fire Police Nonuniform Total  $127,550.00 $319,807.00 $145,534.00 $145,090.00 $592,891.00  $137,624.00 $332,907.00 $615,621.00  $194,994.00 $384,360.00 $187,630.00 $766,984.00  $202,274.00 $388,403.00 $189,520.00 $780,197.00  The unit value of state pension aid increased by 12.49% for 2023 compared to 2022. The 2023 unit value of state pension aid is $5,827.88. The 2022 unit value of state pension aid was $5,180.45, or 7.99% more than 2021. The unit value of state pension aid in 2021 was $4,797.28, or 2.6% less than The Municipality received $728,486.03 in state pension aid on September 27, 2023, by means of direct deposit into the Pension Activities Fund. The Municipality received $626,834.67 in state pension aid on September 28, 2022, by means of direct deposit into the Pension Activities Fund. The Municipality received $590,065.76 in state pension aid on September 28, 2021, by means of direct deposit into the  the 2020 unit value of $4,923.83.  Pension Activities Fund.  29    The Municipality receives 125 units ofs state pension aid. The Municipality receives two units of state pension aid fore each police officer and firefighter. The breakdown for units ofs state pension aid is as follows: 20 police officers multiplied by 2 units, 31 firefighters multiplied by 2 units, and 23 nonuniform The Municipality budgeted $530,739.00 fori its portion oft the 2023 MMOS int the General Fund Budget at line item 01.470.492. Based on the increase of state pension aid, the Municipality's share of the 2023 MMOS is $429,086.58 (2023 State Pension. Aid of $728,486.03, less the 2023 MMOS of $766,984.00, less the 2023 Debt Service Payment to Fidelity of $390,588.61). The substantial and unanticipated increase in 2023 state pension aid provides a real budgetary savings of $101,652.42 in the 2023 General Fund. The demographics across all plans are increasingly unfavorable. Some of the more significant unfavorable demographics: are retiree/spousal benefits, COLAS, accrued/future benefits, current Incomparing the 2019 and 2021 Actuarial Valuation Reports, payments to retirees/ beneficiaries have  employees multiplied by 1 unit.  salaries, future projected salaries, and amortization payments.  increased as follows:  2019 Actuarial Valuation Report  2021 Actuarial Valuation Report $386,568.00 $741,314.00 $373,574.00  Fire Police Non-Uniform weeks.  $284,875.00 $708,188.00 $368,253.78  We will update this information when the 2023 Actuarial Valuation Reports are received in at few Normal Salary Cost increased in the following amounts from 2023 to 2024 for determining the MMOs: fire, $15,465.00; police, $7,321.00; and nonuniform $3,662.00. The Normal Salary Cost for the 2022 MMOS compared to the 2023 MMOS was as follows: fire, $17,738.00; police, 2,127.00; and nonuniform $10,114. Normal Salary Cost includes base pay, overtime, paid sick/vacation, personal time, holiday pay, The amortization payments for each plan play a significant role in determining the annual MMOsand are perhaps the most problematic." The annual amortization payment is basically an actuarial mortgage on investment losses. Every plan has an actuarial assumption of 7.75% (the investment benchmark). When a plan returns less than 7.75% for any given year, the loss triggers an amortization payment. The current amortization payments for each plan that are factored into the 2024 MMOS are as follows: fire, $69,109.00; police, $263,492; and nonuniform $98,159.00. The amortization payments remain This isi important fori illustrating the ever-increasing challenges and payment demands for each  cost of living, increments, DUI, AG, court time, etc.  unchanged from last year. Municipal pension plan.  On December 15, 2023, the remaining balance on the 2017 Fidelity Pension Note will be $5,322,374.25.  The principal amount borrowed in 2017 was $6,703,681.00.  30    As always, the Administration will closely monitor thei investment markets, plan performance, plan demographics, and consider all viable options for protecting our pension plans and the financial  wellbeing of the Municipality.  Debt Service: The following illustration is a representation of the Municipality's actual and anticipated  debt service for thei fiscal year of 2023:  Vendor Cannon Financial Cannon Financial  Debt Admin & Police Copier Fire Dept.  Amount  Frequency  Expiration /Term 6/1/2026 2/11/2027 12/10/2035* 3/3/2027LF 7/15/2024 3/31/2027* 8/28/2024 11/1/2028 9/1/2025 9/1/2026 12/15/2040 12/15/2041  $146.55 Monthly $67.95  Monthly  Volunteer's Financing 2020 Pierce Pumper  $16,935.61 Annual $9,888.47 Quarterly $15,124.45 Annual  Fidelity Bank Community Leasing Navitas Credit Corp.  (2)2021F-750's 2021 Ford Interceptor  2022 Elgin Street Sweeper $5,643.41 Quarterly  De Lage Landen Finance 2020 Chevy Tahoe  $12,921.50 Annual $67,837.00 Annual  Fidelity Bank* GM Financial GM Financial PNC Capital Markets Fidelity Bank Debt Service Notes!  2023 Garbage Truck  2023 Silverado Fire Squad $22,610.50 Annual  2023 Chevy Tahoe Police 2020 Bond 2017 GO Note  $5,785.32 Quarterly $300,200.00 2024 $390,588.61 Annual  The debt service payment to PNC Capital Markets is for the 2020 Bond Issue. The debt service payment is for the year of 2024 only andi is budgeted at line item 01.485.00 in the General Fund. The debt service payment to Fidelity Banki in the amount of $390,588.61 is for 2024 only andi is budgeted in the Pension  Activities Fund. This payment is fully subsidized by state pension aid.  31    *The debt service payment to Fidelity Bank for the new 2023 garbage truck requires approval from Municipal Council. The debt service disclosed may decrease ift the Municipality applies a down payment, *The debt service payment to GM Financial for the new 2023 Fire Squad will be fully offset by an Office  of the State Fire Commissioner Grant in FY2 2024  *The debt service items shaded in yellow expire in 2024 and total $28,045.95.  Pringle Police Services Agreement: For the fiscal year of 2023, Pringle Borough is paying the Municipality $76,543.00 for police services. The current agreement contains annual increases of 1% and The Administration negotiated a new agreement in September of 2023 with Pringle Borough that will require consideration of Municipal Council. The agreement is for a term of four years with 1% annual fee increases. Pringle Borough also agreed to apply for a 2023 LSA Grant in the amount of $92,228.45 for a2024 Chevy Tahoe with advanced computer and license plate reading equipment for the Kingston The revenue for this agreement is appropriated at line item 01.370.025 in the General Fund Budget. The Kingston / Forty Fort Fire Department: The Administration is working with officials from Forty Fort Borough on tweaking the. Joint Municipal Service. Agreement which defines the operational parameters of the functional consolidation of Fire and EMS services. Our intent is to protect the long-term interest oft the consolidation while strengthening the resources and services of the department. The Administration is currently negotiating with the Kingston Firemen's Community Ambulance Association to secure more funding for the department. The funding provided by the Kingston Firemen's Community Ambulance Association is used to subsidize the cost of operating the department. Overtime expenses have skyrocketed for multiple consecutive years due to long-term personal and  expires on December 31, 2023.  Police Department.  appropriation for 2024 will bei in the amount of $77,308.00.  work-related injuries. We hope to secure additional funds for the 2024 budget.  Collective Bargaining: The Collective Bargaining Agreement between the Municipality and Kingston Fire Department ist for the period of. January 1, 2023 through December 31, 2026. Wage increases are as The contract agreement between the Municipality and Kingston Municipal Police Department is for the period of. January 1, 2022 through December 31, 2025. Wage increases in this agreement are as follows:  follows: 2023,3%; 2024, 3%; 2025, 2.5%; 2026, 2.0%.  2022, 3%; 2023, 3%; 20243%, 2025,3 3%.  32    The contract agreement between the Municipality and DPW employees is fort the period of January: 1, 2022 through December 31, 2025. Wage increases int this agreement are as follows: 2022, 3.0%;2023, Clutter Cleanup 2024: Mayor Jeffrey R. Coslett is pleased to announce the return of the Clutter Cleanup WVSA Savings Account: At August 31, 2023, the Municipality's balance in' WVSA's Stormwater Savings Account is $50,475.19. The Municipality! is set to receive an additional distribution int the amount of $10,889.75 during the fourth quarter of 2023. The proceeds of the savings account can be used for projects specifically related to WVSA's Regional Stormwater Management Program. The Administration used $140,000.00 in FY2022 as a down payment on the new street sweeper. The Administration will continue to use the proceeds of this account to pay for the quarterly debt service ($5,693.41) on the street sweeper through March 31, 2027. Because of this account, the new street sweeper is not costing The Municipality is presently earning $10,889.75 per quarter from WVSA, or $43,559.00 on an annual basis. After paying for the debt service on the new: street sweeper, the annual amount earned in this account will total $20,785.36 ($43,559.00 -$22,773.64: Street Sweeper Debt Service). 2024 PA American' Water Company Proposed Water Main Replacement Projects: The Pennsylvania American Water Company has provided the Municipality with notice that the following projects may take place in 2024: new 8" main on West Dorrance Street from Railroad Avenue to' Wyoming Avenue; new 8" main on Poplar Street from Railroad Avenue to Schuyler Avenue; new 8" main on Schuyler Avenue from Pringle Street to Price Street; new 8" main on Reynolds Street from Wyoming Avenue to Warren Avenue; and new 8" main on' Warren Avenue from Pierce Street and Butler Street. Message From Mayor Jeffrey R. Coslett.: Mayor Coslett with this statement extends his sincere thanks and appreciation to our great team of Elected Officials and Municipal Employees. "My success as Mayor and the success of our great community is not possible without you! 2024 promises to be an outstanding year as we continue building and investing in our great community! lam humbled to be  3.0%; 2024, 2.75%; 2025, 2.75%.  Program for 2024. Details will be released in the Spring of 2024.  the Municipality a penny from any budget source.  your Mayor and truly excited about the great things to come in 2024!"  The Administration again thanks all Members of Town Council, Solicitor Mattern, employees, and citizenryfor their invaluable contributions in making  our community a "Great Place to Call Home."  33    2I  5  - S  3 3  5  3l    -  5 3  3  3 3    5  3  5  uw s    a  3- 5  S S 5 o  3  1 $3 S  3  3  S    MUNICIPALITY OF KINGSTON, PA Borrowing Base and Debt Capacity  Municipality of Kingston Debt Capacity Net Nonelectoral  Projected Borrowing Base LESS: Net Debt Outstanding REMAINING DEBT CAPACITY Fiscal Year Ended Dec 31  Par 25,046,907 9,369,798 15,677,109 Revenue 9,510,586 10,189,472 10,356,230 30,056,288 10,018,763 25,046,907 Outstanding Par 4,275,000 5,094,798 9,369,798  A Debt Limit  2020 2021 2022  Total Revenues for Previous 3 Periods Borrowing Base (Average of Previous 3 Periods) A DEBT LIMIT (250% OF BORROWING BASE)  Issue  Series of 2020- GO Bonds Series of 2017-1 Notes B TOTAL OUTSTANDING  Municipality of Kingston  Debt Capacity Net Nonelectoral and Lease Rental  Projected Borrowing Base LESS: Net Debt Outstanding REMAINING DEBT CAPACITY TOTAL CAPACITY* Fiscal Year Ended Dec 31  Par 35,065,669 9,369,798 25,695,872 25,695,872 Revenue 9,510,586 10,189,472 10,356,230 30,056,288 10,018,763 35,065,669  A Debt Limit  2020 2021 2022  Total Revenues for Previous 3 Periods Borrowing Base (Average of Previous 3 Periods) A DEBT LIMIT (350% OF BORROWING BASE)  Issue  Outstanding Par 4,275,000 5,094,798 9,369,798  Series of 2020-C GO Bonds Series of 2017-1 Notes B TOTAL OUTSTANDING  OPNC