Monday, July 16, 2012
The plan, which comes in under cap, would cost the average taxpayer an additional $43 a year for municipal services.
The owner of the typical home in Middletown Township will pay about $43 more in muncipal taxes then last year under a new 2012 municipal budget adopted by the Township Committee on July 12. Under the $63.5 million spending plan, the owner of home assessed at $380,000, the township's average, would pay $1,835 for the municipal tax portion of the property tax bill. The municipal tax rate will increase 1.1 cents, to 48.3 cents per $100 of assessed valuation. The increase in the $47.6 million tax levy does not exceed the state imposed two percent cap. “I hope to keep the increase under 2% in the upcoming years,” Mayor Anthony Fiore said. “It’s been quite a challenge because of general inflation, the cost of fuel going up… and the lack of …
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Tuesday, May 1, 2012
No layoffs and less paid out in health care costs
What has been touted as the tightest Middletown municipal budget in ten years, with no township jobs on the chopping block, saw no major objections at last night's hearing. There were a few questions that were addressed, such one about the possibility of using surplus to bring the increase to zero. "But no one came out and said, 'This budget should not be adopted,'" Mayor Tony Fiore said. Though the adoption date of the proposed $63.5 million 2012 spending plan, with a tax levy of $47.6 million, has not yet been set, Administrator Anthony Mercantante said. The reason: like other municipalities, the township has to wait to have the exact state aid figures to plug in and the state Department of Community Affairs' Division of Local Government…
Monday, April 30, 2012
Officials tout what they call the most frugal budget in a decade.
If you have something to say about Middletown's proposed 2012 municipal budget, tonight's the night. The public hearing for the budget is set for tonight at a special meeting at 6 p.m. at Middletown Township Town Hall. This year's $63. 5 million spending plan, with a tax levy of $47.6 million, has been touted by officials as the most fiscally prudent one in more than a decade. The budget, that translates into a tax hike of about $43 for the average taxpayer, with property assessed at $380,000, falls under Gov. Chris Christie's mandated 2 percent cap on spending. Still, there's an increase. The increase is 1.97 percent tax levy increase over last year’s $46.7 million, or an increase of $919,079. Officials have touted the plan, citing flat …
Tuesday, March 20, 2012
Officials call the increase the lowest in more than 10 years
Touted by officials as the tightest budget in more than a decade, Middletown’s 2012 $63.5 million municipal spending plan was introduced at last night’s Township Committee meeting, calling for no layoffs this year and a $43 annual hike on the average taxpayer’s bill. With a tax levy of $47.6 million, the budget represents a 1.97 percent tax levy increase over last year’s $46.7 million, or an increase of $919,079, just under the state-mandated 2 percent cap. The average property value in the township is $380,000, or what the $43 annual municipal tax payment increase is based on. It translates into $3.57 a month. “This budget is the result of a collaborative effort of all (township) department heads, administration, input from the committee …
Friday, December 30, 2011
After losing $183,339 in taxpayer funds, trustees tap into surplus, savings and income from fines.
Middletown Township Public Library Director Susan O'Neal enjoys hearing from patrons who find new employment after using the resources in the library's Job Help Center. "So many people have come back and told us they found jobs," O'Neal said yesterday in a telephone interview. With the help of library employees, center patrons have updated their computer skills, learned how to write resumes, completed online employment applications, and found jobs online, the library director noted. "It's a soup to nuts program that helps people build their job skills," O'Neal said of the program based at the library's main branch at 55 New Monmouth Road. However, the New Year approaches, O'Neal and the library trustees are focused upon saving the jobs of…
Tuesday, April 5, 2011
Township introduced budget with hike in taxpayer cost, $4 million in spending cuts; conforms with 2 percent Cap Levy Law
With respect to the introduced Middletown Township 2011 municipal budget, spending is down and taxes are up. It will cost the average taxpayer an extra $60 a year, or $5 a month, based on a new mean township property value of $380,000. Last year, the average was $435,000. Per $100 of assessed property value, if approved, this municipal budget will cost taxpayers about an extra eight cents on the rate this year, or a total rate of 47.02 cents per $100, up from 39.8 cents last year. Officially introduced at last night's regular Township Committee meeting, the $61 million spending plan, with a municipal tax levy of $46.7 million, is $3.87 million (or 5.9 percent) less than the 2010 municipal budget, Mayor Anthony Fiore pointed out in a …
Tuesday, March 22, 2011
Shared services, two percent cap commitments reiterated by committee
Middletown’s municipal budget set for introduction at the April 4 Township Committee meeting, Mayor Anthony Fiore reiterated at Monday night’s meeting his commitment to staying within Gov. Chris Christie’s two percent cap on spending and his theory of why the unions’ and township library’s cooperation in compromise are key. He first thanked the Middletown Township Library Board of Trustees for agreeing to release to the township roughly $500,000 of its $1.2 million surplus to assist with budget restriction woes and stave off more than the estimated 26 layoffs and service cuts. The mayor again reassured that with the agreement that is “something that’s happened across the state” intact, the library would, in turn, benefit from economic, …
Pilgrim
6:03 pm on Tuesday, July 17, 2012
Yes a prime piece of property has been removed from the tax roles and the deed now reads that it can only be used for recreational purposes -- the non-profit will not pay taxes. more ›