The Tribune Democrat, Johnstown, PA

Local News

March 10, 2013

Paint in the black: Township optimistic that it has put financial crisis in the past

— For the first time since last spring, Paint Township’s checkbook is balanced, supervisors say.

In the month since the township received its $350,000 loan, tens of thousands of dollars in 2012 bills have been paid, as well as last year’s $89,000 tax anticipation loan and its interest.

That leaves the township with nearly $100,000 in loan funds to get to April, when the annual flow of tax revenue begins coming in, township Supervisor Joe Huff Jr. said.

The positive developments have Huff optimistic the township won’t have trouble weathering the remaining weeks ahead – despite another round of concerns from local residents who are worried about 2013 spending.

“So far, everything looks pretty good. Everything from last year has been squared away and our vendors have been paid,” Huff said.

It’s the most optimistic assessment township officials have given about the township finances in months. The township needed the $350,000 loan from 1st Summit Bank after years of overspending drove the township into a six figure shortfall.

The township laid off a handful of employees and cut spending in the fall, but had to turn to neighboring communities covered by its police force to keep the regional department on the streets.

Since then, police contracts have been reworked with Paint, Central City and Windber to bring added monthly revenue to the department’s coffers, while two on the force’s roster, including Chief Rick Skiles, remain laid off.  

Huff said the township should begin to get a clearer picture on how the department is doing budget-wise later this month when February figures are totaled.

More than $22,300 in payments to insurance carriers has already been paid for the department for the entire 2013 year, a January bill list shows.

Huff said those one-time payments explains nearly all of a $25,662 differential between income and bills for January, the latter also including $1,413 in December bills that have also now been paid.

“As the year progresses, revenue coming in should take care of that gap,” he said. “At this point, nothing is off track. But we’ll keep monitoring everything ... to make sure that doesn’t change.”

Click here to subscribe to The Tribune-Democrat print edition.

Click here to subscribe to The Tribune-Democrat e-edition.

1
Text Only | Photo Reprints
Local News
  • Denne, Williams & Stanton Records hearing scheduled

    A Cambria County judge will consider complaints filed by two Johnstown residents seeking documents related to the city’s municipal waste water operation at hearing at the end of this month.

    April 18, 2014 1 Photo

  • Sen. Bob Casey Casey targets heroin

    The heroin trade has brought addiction, death, violence and theft to Johnstown and other Pennsylvania communities.
    Figuring out how to deal with those issues is difficult for local, state and federal officials.

    April 18, 2014 1 Photo

  • Drive-in to open with high-tech projector

    Drive-in movie theaters and the term “state of the art” seldom share the same sentence.
    But that will soon be the case for the Silver Drive-In, it’s owner said. The Scalp Avenue site, often marketed as a nostalgic summer night escape, soon will boast a high-end projector capable of displaying the latest and greatest blockbusters in razor sharp high-definition, theater owner Rick Rosco said.

    April 18, 2014

  • Sheetz work underway

    Earthmoving is underway at Richland Town Centre for a nearly 6,500-square-foot Sheetz store.
    And the real estate broker marketing the land says a 3,000-square-foot retail building will be built next door.

    April 18, 2014

  • Smith, Shakir Mosi Police seize heroin, money in Prospect

    Johnstown police reported that several bricks of heroin, along with $4,000 in cash and a handgun, were discovered in the city's Prospect neighborhood around 4 a.m. Friday. An arrest warrant has been issued for the man be­lieved to be the owner or renter of the two homes raided.

    April 18, 2014 2 Photos

  • Comedy night targets serious problem

    Animal advocates are using comedy to take aim at a serious problem.
    The third annual Funny Fundraiser to benefit the Nardecchia Spay and Neuter Fund will be held at 8 p.m. May 16 at Ace’s, 316 Chestnut St. in the Cambria City section of Johnstown.

    April 18, 2014

  • Local briefs 4/19/2014

    April 18, 2014

  • Early morning police raid in Prospect area leads to arrest warrant

    Johnstown police reported that several bricks of heroin, along with $4,000 in cash and a handgun, were discovered in the city's Prospect neighborhood around 4 a.m. this morning.

    April 18, 2014

  • Home is Where The Tribune-Democrat is Delivered!

    April 18, 2014

  • new councilman Judge fills City Council vacancy

    A lifelong Johnstown resident who has never sought election to public office was named Thursday to fill the vacancy on City Council.

    April 17, 2014 1 Photo

Poll

Do you think that Jack Williams will get the 270 signatures from city residents needed in order to have a referendum placed on a municipal ballot to have the city's pressure test mandate repealed?

Yes
No
I'm not sure
     View Results
House Ads