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- 2026 Draft Budget Approved for Public Viewing
- “Deep Dive” Into the 2024 Audit
- Proposed 2026 Road Paving Program
2026 Draft Budget Approved for Public Viewing
October 25, 2025.
Newtown Township’s 2026 Proposed Budget outlines a balanced yet cautious financial plan — addressing rising costs and public safety needs while keeping taxes regionally competitive. The $16.9M budget uses part of the Township’s fund balance to offset a $3.2M deficit, maintaining reserves above policy limits.
A 4-mill real estate tax increase—3 mills for fire protection and 1 for the rescue squad—will strengthen emergency services and prepare for future staffing needs. Even with this adjustment, Newtown’s tax burden remains among the lowest in Bucks County, reflecting a fiscally responsible path forward. Read more details here...
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“Deep Dive” Into the 2024 Audit
The financial statements of Newtown Township for the year ended December 31, 2024, were audited by the firm Maillie LLP. The findings and context of this audit are crucial for understanding the reliability of the financial data.
The audit process identified risks of management override and improper revenue recognition for planning purposes and noted a material weakness in a separate communication to the Board of Supervisors. Specifically, the auditors noted that Newtown Township did not consistently record revenues in the proper accounting period. Specifically, certain revenues related to intergovernmental grants and charges for services were recorded in the incorrect fiscal year.
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Proposed 2026 Road Paving Program
The proposed 2026 Budget includes $850,000 (Highway Aid + General Fund) for roadwork in 2026. This includes only 2.34 miles (base + alternates) of roads (see the Summary of the 22 October 2025 BOS Meeting for details). From 2019 through 2026 only an average of 2.8 miles per year of roads have been repaved (3.56 miles/year are needed to stay on cycle).
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