The Herald, Sharon, PA Published Wednesday, September 10, 2003

Borough's income
outpacing spending

By Amanda Smith-Teutsch
Herald Staff Writer

Revenues in Greenville have outpaced expenditures by about $300,000 so far this year, according to the cash-strapped borough's state-appointed Act 47 coordinator.

Joseph Hohman reported to council Tuesday night that the borough had spent about $1.9 million so far this year, and had brought in more than $2.1 million in taxes and other revenues.

The borough racked up a deficit of more than $1 million by spending more than it brought in beginning in the late 1990s.

"Revenues are about 5 percent below budget," Hohman told council.



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