cranbury news
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 Posted: Sat, Mar 18 2006, 12:02 pm EST Post subject: Residents question tax hike |
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Committee says payments on debt one cause of tax increase.
Residents who attended Monday's public hearing on the proposed $12.5 million municipal budget wanted to know where their tax dollars are going.
This year's budget, which carries a 10.3 percent tax hike, was introduced Feb. 13; the Township Committee will consider adopting the budget March 27.
Residents asked committee members to explain the $978,592 spending increase, which committee members said is being driven by increased debt payments and public safety costs. Questions were also raised regarding farmland preservation, spending on professional services, funding for senior citizen programs, and higher costs for public safety.
If approved, the budget would increase the municipal tax rate by 8 cents to 85 cents per $100 of assessed valuation. Under that rate, the owner of a home assessed at the township average of $225,000 would pay about $1,913 in municipal taxes, $180 more than last year.
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