Saturday, April 16, 2016

TOWNSHIP COMMITTEE TO SPEND MORE THAN $400,000 ON PROPERTY TAX REASSESSMENT

The Township Committee on Tuesday will consider spending $411,000 for the property tax reassessment that has been ordered by Essex County for the township this year.

An ordinance on the TC agenda describes it as an "extraordinary" expense.

It also notes that the township will issue bonds to borrow the money for Appraisal Systems Inc. which is conducting the reassessment as part of a joint agreement with South Orange.

See the entire agenda, which also includes a vote on the proposed municipal budget, HERE.