TC APPROVES $40 MILLION BUDGET, WITH TAX HIKE OF ABOUT $77 FOR MOST HOMES

The Township Committee on Tuesday quietly approved a $40 million budget that includes a 1.9% tax increase over the current spending plan.

For the average resident, that will mean a tax hike of about $77 each. It also includes no job cuts or other major reductions.

The budget is actually larger than the $38 million spending plan introduced last month that estimated a tax hike of about $97 for most homeowners.

More on the budget HERE. It was approved 5-0.