Monday, January 7, 2013

TC HOPES TO KEEP TAX INCREASE BELOW 2%

PATCH has a good report on the first Township Committee budget hearing Saturday, noting the TC hopes to keep its tax increase below 2%, despite paying off needs related to Hurricane Sandy.

From its report:


The Maplewood Township Committee said Saturday they aim to keep tax increases in 2013 within two percent, in spite of continuing complications from Hurricane Sandy.
At the first budget meeting of 2013, the committee agreed that a 2013 tax increase is inevitable in the wake of hurricane damage over the past two years. They said that while the township and the budget committee have been working hard to keep the tax increase as small as possible, the need to equip township departments with adequate personnel and equipment must be carefully weighed against the cost to the average homeowner.
“Two percent is an objective,” said Committeeman Marlon K. Brownlee, “but we need to make the requisite investments to maintain the future of our town… it’s a tough situation.”

See the rest HERE.

1 comment:

Anonymous said...

Multiplier for taxes raised 6.5 % without adding any new rises from new budget. Values of homes assessed down average of 2.5-3.5 % We already have an increase of 3 % in property taxes set in from assessment. Winter costs to town from 2011-2012 left surplus. Hurricane costs were set at approximately $250,000. Seems TC hasn't been talking to the Town assessor!!!