Little Egg Harbor Introduces Budget

By PAT JOHNSON | Apr 24, 2019

Little Egg Harbor — Little Egg Harbor Township introduced its municipal budget during the April 11 municipal meeting with a 6.9-cent increase on the municipal tax rate, bringing it to $.742 per $100 of assessed value. The average home is assessed at $204,568 and will see an approximate increase of $141 per year, or $35.25 per quarter.

According to Chief Financial Officer Rodney Haines, the increase is necessary to meet the increases in employer pension costs and healthcare, debt service requirements and new annual equipment maintenance agreements on the radio/communication system project to improve the communications of the police department and the safety of residents.

The township’s total budget is $24,531,351, up $2,159,277 over last year. The amount to be raised by taxes is $17,273,432. The prior year’s tax levy was $15,604,864.

New ratables in the township added $19,599,000 to the worth of the town and added $131,901 to the town’s budget.

Due to the prudent use of previous years’ cap bank, the township was able to exceed the 2 percent increase. It could have added an additional $261,261 to the budget but did not.

The township added two informational budget meetings to be held at municipal hall, one at 10 a.m. on Tuesday, April 30, and another on May 1 at 6 p.m. A public hearing on the budget is May 9 at 7 p.m. during the regular May municipal meeting. Copies of the budget are available at the clerk’s office.

Also during the municipal meeting, the township adopted an ordinance to reduce the open space tax to 1/10th of a cent. The Open Space and Land Trust Fund was adopted by public referendum in 2002 to preserve land in its natural state and keep it from development. The total tax collected since then is $2,870,641, of which $1,672,530 was expended to preserve open space. Veterans Park took $23,000 last year, and the budget anticipates spending an additional $263,279 in 2019. —P.J.

Comments (0)
If you wish to comment, please login.