The Middletown Township Committee will introduce a budget on Monday night that reduces Township spending by $161,459 and reduces the municipal tax rate by 3.49%
“We’ve taken a fine tooth comb to this budget in order to develop a spending plan that reduces costs without sacrificing core essential services,” said Mayor Gerry Scharfenberger, Ph.D. “We consistently seek ways to further minimize costs, maximize revenues and stretch a dollar.”
For the average homeowner, municipal taxes will decrease $5.31 this year.
Key Budget Facts, according to a statement from the Township:
“Since my first day on the Township Committee, I have worked with my Republican colleagues and administration to cut spending and increase efficiency,” said Committeeman Tony Fiore. “In that time we have delivered some of the smallest increases in decades despite continued rising costs and headwinds from Trenton. Today we prove that a well run municipality in New Jersey can make major investments in our future while cutting taxes without sacrificing services or quality of life. I am extremely proud to support this budget and will continue to work diligently to always put the interests of our residents and taxpayers first.”
Among the ‘major investments’ that Fiore referred is a new municipal complex/town hall and renovations to the Johnson Annex, a contract for which is expected to be awarded this spring.
“Actually reducing property taxes in New Jersey is a rare occurrence,” said Deputy Mayor Stephanie Murray. “I’m very happy and proud of my colleagues and our staff. With Monmouth County introducing a budget with a 0% increase, Middletown taxpayers can see a real reduction this year. It would be fantastic if the Middletown Board of Education could bring in their budget with a reduction too.”