Currently, the proposed budget is $41.52 million, but changes can still be made before adoption tonight. Mayor Vic Deluca recently said it will result in a 1.96 percent property tax increase, with an average municipal property tax hike of $82 for a home assessed at $397,000.
The plan will use about $2 million of a $2.8 million surplus to help offset the cost, with about $1 million of that savings from the sale last year of the former Maplewood Village Post Office site.
The budget also includes a 2% raise for the Township Committee members, bringing their annual stipend from $4,000 to $4,080. The TC received a raise from $3,858 to $4,000 last year after going 20 years without such an increase.
The TC tonight will also approve an emergency $411,000 allocation to pay for the upcoming property tax reassessment that was ordered by Essex County.
The meeting is set for 7:30 p.m. at Town Hall, 574 Valley St.
