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Municipal Budget

Thursday, February 7, 2013

Township Begins Preliminary Budget Talks with 5-cent Tax Rate Increase

Owner of home assessed at township average would see an annual municipal tax increase of approximately $94.

South Brunswick began discussions Tuesday evening to craft the municipal spending plan for this year with a preliminary budget that would increase the tax rate by 5-cents, however that figure is expected to change as the township begins budget hearings. Township Manager Bernard Hvozdovic and Chief Financial Officer Joseph Monzo presented a preliminary budget to the Township Council that would bring an annual municipal tax increase of $94.20 for homes assessed at the township average of $188,400. Last year, the council approved $47.9 million budget that held the tax rate firm from the previous year at about 72 cents per $100 of assessed valuation. The preliminary budget presented Tuesday carries an increase in spending of about $257,000. "…

Concerned citizen

2:28 pm on Wednesday, February 13, 2013

I really don't want to hear about a tax increase while they lower taxes on businesses in town. Reassess everyone and make it a fair playing field first!!!   more ›

Tuesday, April 24, 2012

Public Hearing on Municipal Budget Tuesday

Residents will have a chance to comment on the proposed municipal budget before the Township Council votes on its adoption.

The South Brunswick Township Council will hold a public hearing on the 2012 municipal budget before voting on a resolution to adopt the spending plan at tonight's meeting. The $47.9 million budget holds the tax rate firm from last year at about 72 cents per $100 of assessed valuation. "I know that the professional staff has worked very hard on this budget and to hold the tax rate steady," said Councilman John O'Sullivan at the last council meeting. "The council members have also worked diligently on this, which required a review of over 700 line items and much correspondence between the council and the professional staff.  I’m happy to note that we have not had to resort to furloughs and layoffs for this budget." Last month, the township …

April

7:39 am on Tuesday, April 24, 2012

What about finding funds to install the sidewalk from the HS to the shopping center? When a child gets hit by a car the town's legal fees are sure to surpass the cost of completion of the sidewalk. The town has acknowledged it is a dangerous area for pedestrians. The potential liability for not paving the way is staggering.   more ›

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