Lansdale administration and finance committee report

The administration and finance committee recently reported that it has started with a review on financial reports on a monthly basis.

Committee chair and councilman Dan Dunigan said it will give council an opportunity to track things relative to the budget. Information can be reviewed “much sooner” on a “much regular” basis.

Council will take advantage of free help from a Department of Community and Economic Development representative to get its accountability worksheet completed.

In other news, regarding the borough’s general obligation bond, Dunigan said it has a $12.5 million timeline with $9.5 million available on the bond.

“We will prioritize a list,” Dunigan said. “There are some things that are important, and others more important than others.”

There’s also a chance that Lansdale Borough will take advantage of a Comcast Cable franchise agreement, coming into a consortium of 12 other municipalities that have followed suit already.

“It can generate a fee of 5 percent back as part of the franchise agreement,” Dunigan said.