Central Jersey News Today

Property taxes could go down in Monroe, up in Spotswood, under proposed budgets

5/5/2014

     Property taxes could go up almost $130 on the average homeowner in Spotswood, under a $9.9 million budget that goes before the Township Council Monday night, while a spending plan on the table in Monroe could actually cut property taxes. 
     In Spotswood, Councilman Curtis Stollen says even though the blueprint is about $140,000 more than last year, he calls it a "maintenance budget" aimed at not cutting services.  State aid remained flat this year, and $1.1 million was used from surplus to balance out the spending plan.  The average homeowner would see their property taxes rise about $128 next year, if adopted.  Items include the resurfacing of several boro roads, a 911 dispatch system upgrade, and security improvements at the municipal building.
     As for Monroe, a recent revaluation is expected to lead to a drop in local property taxes.  The Township Council Monday night is expected to meet on a $51.4 million spending plan that's a million dollars more than last year, but would mean an average drop in property taxes of just over $24.  It includes money to hire one full-time police officer and two full-time EMTs.  Business Administrator Wayne Hamilton says the revaluation was a factor, as are additional ratables in town, up to about $7 billion, double last year's figure.  Mayor Richard Pucci didn't address the spending plan at its introduction, but is expected to tonight.



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