Thursday, March 28, 2013
The 2013 budget has a tax levy decrease of 3/10 of a cent per $100 of assessed value.
Four members of the Chatham Township Committee unanimously approved the 2013 municipal budget, which calls for a reduced local tax levy that will cut the average taxpayer's bill by $25.50. Mayor Nicole Hagner, Deputy Mayor Robert Gallop and Committee Members Kevin Sullivan and Bailey Brower, Jr. approved the budget. Committee Member Kathy Abbott was not present. Administrator Tom Ciccarone said the only change to the budget since his last presentation on Feb. 28 was a detailed allocation of $175,000 in emergency appropriations. He said he forgot to include the detail of where the funds would go when he submitted the budget to the state, and that all committee members now had the updated form. The budget passed without discussion or public …
Wednesday, March 27, 2013
The committee meets for a public hearing and final adoption of the 2013 budget Thursday.
The Chatham Township Committee is expected to approve a 2013 municipal budget with a lower tax levy from last year when they meet Thursday. The budget calls for a reduced local tax levy from 2012 levels of 3/10 of a cent. For the average home assessed at $750,000, this would mean a tax decrease of $25.50. The 2012 tax rate was at 28.8 cents per $100 of assessed value, for a total average municipal tax of $2,152. If the committee votes to approve the budget as proposed, that amount will fall to 28.5 cents per $100. The amount to be raised by taxes in 2013 will be $8,574,639. The committee already approved the budget on first reading at their Feb. 28 meeting. In 2011 and 2012, the township kept local taxes flat, thanks in a large part to …
Sunday, March 3, 2013
The budget is now up for public hearing and final adoption March 28.
The Chatham Township committee unanimously passed their 2013 budget on first reading Thursday evening. The budget calls for a reduced local tax levy from 2012 levels of 3/10 of a cent. For the average home assessed at $750,000, this would mean a tax decrease of $25.50. The 2012 tax rate was at 28.8 cents per $100 of assessed value, for a total average municipal tax of $2,152. If the committee votes to approve the budget as proposed, that amount will fall to 28.5 cents per $100. Administrator Thomas E. Ciccarone said Thursday, "as hard as it may be to believe, I actually made a mistake" in calculating the levy cap calculation. The error happened due to a $144,000 emergency appropriation from 2011 storms which was applied to the 2012 budget…
Wednesday, February 27, 2013
The Chatham Township Committee meets at 7:30 p.m. Thursday.
The Chatham Township Committee will introduce its 2013 budget for approval when it meets Thursday. At the Feb. 14 committee meeting, Administrator Thomas E. Ciccarone proposed a tax rate decrease of 3/10 of a cent. For the average home assessed at $750,000, this would mean a tax decrease of $25.50. The 2012 tax rate was at 28.8 cents per $100 of assessed value, for a total average municipal tax of $2,152. If the committee votes to approve the budget as proposed, that amount will fall to 28.5 cents per $100. Public Hearing on Liquor Licenses The public will have the opportunity to comment on an ordinance raising fees for liquor licenses in the township. Currently, consumption liquor licenses cost $1,915, and retail liquor licenses cost $630…
Friday, February 15, 2013
As currently drafted, the 2013 municipal budget would include a tax levy decrease of 3/10 a cent.
Chatham Township residents may get a break in their municipal taxes this year, albeit a small one. Administrator Thomas E. Ciccarone said Thursday that the municipality has proposed a tax rate decrease of 3/10 of a cent. For the average home assessed at $750,000, this would mean a tax decrease of $25.50. The 2012 tax rate was at 28.8 cents per $100 of assessed value, for a total average municipal tax of $2,152. If the committee votes to approve the budget as proposed, that amount will fall to 28.5 cents per $100. In 2011 and 2012, the township kept local taxes flat, thanks in a large part to the same things that have allowed them to lower the tax levy in 2013: shared services, ratables within the township and consolidating positions. Under…
kjchat
1:39 pm on Thursday, March 28, 2013
kudos to the Township... seems the borough and the school board could stand to take some lessons on holding the line on taxes more ›