Manalapan 2012 Budget Unanimously Passes

Last week, the Committee officially adopted their 2012 budget which has a tax rate of $0.0339 per every $100 assessed value. 

Manalapan Mayor Susan Cohen said that a lot of time was spent on the budget and the township looked at lowering the budget even further, but Chief Financial Officer Patricia Addario and the Finance Committee were not comfortable with significantly lowering the budget.

Therefore, the budget that was adopted by the Township Committee was the same : a $651,082.03 budget that cut spending by 2.1 percent and a tax levy that increases by $0.06 since 2011.

“Except for the public comment here, I have not received any phone calls, e-mails or any comments regarding our budget,” Cohen said. “We as the governing body worked very hard to make this budget as fiscally responsible as possible.”

Cohen thanked the volunteers on the Finance Committee, Chief Financial Officer Patricia Addario, Township Administrator Tara Lovrich, Assistant Administrator Renee Garrigana, Municipal Clerk Regina Preteroti for all of the hard work they dedicated to putting the budget together.

The Township Committee unanimously voted to adopt the budget.

Click here for the full 2012 budget presentation.