Tuesday, May 15, 2012
The budget sees a $0.06 increase in the tax rate since last year.
Last week, the Manalapan Township 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 budget that was introduced last month: 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 …
Wednesday, May 2, 2012
Final adoption of the budget has been moved to Wednesday, May 9.
The Manalapan Township 2012 Municipal Budget was presented to the public at last week’s meeting, but not adopted as scheduled because the Division of Local Government Services Budget Review had not yet been filed. The approximately $30M budget will be up for adoption at the next Township Committee meeting on Wednesday, May 9. Even though the committee did not yet adopt the budget, which calls for a 2 cent per $100 tax rate, Township Administrator Tara Lovrich conducted a presentation on the budget to the public, which is available for viewing at the Manalapan Township Web site. The municipal tax rate has increased 0.007 cents, Lovrich said, indicating that state aid has gone down. Appropriations and shared services have gone up, however, …
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Manalapan Township Municipal Building
120 County Road 522, Manalapan, NJ
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Monday, April 23, 2012
Have an opinion about the introduction of the 2012 budget? Have your voice heard before final adoption on Wednesday, April 25.
The 2012 Manalapan Township municipal budget was introduced at the Township Committee meeting on March 28 and has been reviewed by the Finance Committee since its introduction. Upon its introduction, the Manalapan 2012 budget would increase the tax rate 0.6 cents and cut spending 2.1 percent since last year. If you have any concerns about what the introduced budget is proposing or would like the municipality to cut more, spend more, enter into shared service agreements, etc. now is your last chance to contact the Finance Department and let them know what you are thinking by calling the department at (732) 446-8338 or sending an e-mail to finance@twp.manalapan.nj.us. Final adoption of the budget will be made at the Township Committee …
Thursday, March 29, 2012
The Manalapan Township Committee introduced their 2012 budget, which sees a 2.1 percent cut in spending and 0.6 cent tax rate increase.
Last night the Manalapan Township Committee introduced their 2012 budget, which cut spending by $651,082.03, or a 2.1 percent decrease since last year, but will still cause a minimal increase to taxpayers. If this budget is passed by the Township Committee, Manalapan residents will see a $0.06 tax levy increase from last year, bringing the proposed tax rate to $0.339 per every $100 assessed value. According to Manalapan Township Administrator Tara Lovrich, the average Manalapan home is assessed at $378,566 so if this budget is passed the average homeowner would see an increase of $2.21 per month, or $26.50 per year. Committeman and Finance Liaison Ryan Green said that this budget is “fiscally sound, and more importantly, this budget …
40.290152
-74.3435
Manalapan Township Municipal Building
120 County Road 522, Manalapan, NJ
/articles/manalapan-tax-rate-to-increase-0-6-cents-if-proposed-budget-passes
1205726
/locations/6687393
Lauren
11:34 pm on Wednesday, May 16, 2012
I guess since the committee decided to pass it without providing us with the details as our mayor promised, we will have to get our own copy from the state and go through it thoughly. It should be enlightening. more ›