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Health & Fitness

Middletown Township Introduces 2013 Budget

Budget fully conforms with 2% property tax cap. Budget to decrease to approximately 1.74% with higher FEMA reimbursement of 90% vs 75%. Budget without Sandy is 1.14%, lowest in decades.

Township Introduces 2013 Municipal Budget

 

 

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MIDDLETOWN – The proposed 2013 municipal budget represents an ongoing commitment to hold a tight rein on spending and make a full recovery from Superstorm Sandy.

The proposed budget the Township Committee is expected to introduce tonight reflects a 2.2 percent tax levy increase and a consistent effort to cut costs without sacrificing core essential government services. The proposed change would cost the average Middletown homeowner about $2.57 per month.

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Without the impact of Hurricane Sandy, the tax levy increase would have been 1.14 percent.  The total cost of the historic storm is estimated to be about $14 million which the township is paying off in increments over the next 5 years. FEMA reimbursements are expected to cover about 75% of the storm’s total cost. Sandy’s total impact on the 2013 budget is about $500,000.

 “The Township Committee is committed to ensuring Middletown recovers from Superstorm Sandy,” said Mayor Gerard P. Scharfenberger “We also remain focused providing essential government services at the most efficient and effective levels. Recent changes to township operations that are generating cost savings include switching to single stream recycling and leasing Croydon Hall to the Trinity School.”

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