Oakmont council passed a 2026 budget with no tax increases.
After a unanimous vote, the borough’s real estate tax rate will remain at 4.95 mills, with a homeowner with a median assessed property value of $155,000 would pay around $767.
Total revenue for the budget is set just over $6 million. The borough is expecting just under $3 million in real estate taxes and about $2.1 million in Local Tax Enabling Act Taxes, which include income tax, deed transfers, business privilege taxes and others.
Total expenditures will be just over $5.9 million, which could leave a $100,000 cushion at the end of next year.
Over $2.2 million is dedicated to police, which is about $500,000 more than this year’s police expenditures.
The borough’s police department employs eight full-time officers with another full-time hire expected in 2026. The department also utilizes four vehicles.
Nearly $1 million will go to the borough’s public works department.
More than $430,000 will go to borough’s administration.