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Municipal Budget

Monday, May 21, 2012

Public Hearing on Budget Tonight

The $55.865 million municipal spending plan calls for an 4.3 percent decrease in municipal taxes.

The Township Council will hold a public hearing on the proposed 2012 municipal budget, tonight (Monday, May 21), at 8 p.m. in the Municipal Building. The $55.865 million municipal spending plan calls for an 4.3 percent decrease in municipal taxes. The budget calls for a municipal tax rate of $1.806 per $100 of assessed valuation. Under that rate, the owner of a home assessed at $100,000 can expect to pay $1,806 in municipal taxes, down from $1,843 paid by the average homeowner last year. The budget is $547,078 less than last year’s $56.412 million spending plan, with the biggest cut in spending coming in salaries and wages, down by $663,136 to $19.704 million. Finance Department Head Lou Neely said that while the number of township …

Wednesday, May 9, 2012

Municipal Taxes Down From last Year

A public hearing on the $55.865 2012 municipal budget will be held on Monday, May 21.

Residents will get their say on a $55.865 million municipal budget that calls for an 4.3 percent decrease in municipal taxes during a public hearing at 8 p.m., Monday, May 21. The spending plan calls for a municipal tax rate of $1.806 per $100 of assessed valuation. Under that rate, the owner of a home assessed at $100,000 can expect to pay $1,806 in municipal taxes, down from $1,843 paid by the average home owner last year. The budget is $547,078 less than last year’s $56.412 million spending plan, with the biggest cut in spending coming in salaries and wages, down by $663,136 to $19.704 million. Finance Department Head Lou Neely said that while the number of township employees has only dropped by two, 253 in 2012 from 255 in 2011, there …

Kelly

3:10 pm on Wednesday, May 9, 2012

Closing Hatikvah would save us $2 Million, off the local school budget. Now, that would be serious tax relief. We don't need 9 public elementary schools.   more ›

Monday, April 25, 2011

Council to Talk Budget Tonight

The Township Council meets tonight at 7 p.m. for JIF training, with the regular meeting beginning at 8 p.m.

The Township Council meets tonight at 7 p.m. for JIF training, with the regular meeting beginning at 8 p.m. During the regular agenda session, the council will discuss the proposed $55.98 million municipal budget.

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