BERKELEY HEIGHTS, NJ - The Township Coucnil will hold an additional Budget Hearing on Monday, April 6 at 7 p.m. Due to the Covid19 outbreak, public meetings will be held online via Zoom. Click on the following link to join meeting at the specified time: Please join our meeting via Zoom.
Mayor Angie Devanney told TAPinto, "We're going to go through the [budget] process all over again, because everything has changed in the post pandemic world. I know the council has been working very hard to try to make as many cuts as possible, because the reality is we don't know what the cash flow situation is going to look like."
The tax collection period starts May 1 and runs through May 10. "We're hoping for the best. We're hoping that with the Federal stimulus package that property taxes are at the highest rate possible because we do have to pay our central personnel and still provide services. So Monday, we are going to have a discussion about all that," said Devanney.
Legislature has pushed back budget introductions from April 28 by about a month. This extension would give the Township "a better picture of our liquidity because the tax collection period will then come before the introduction of the budget," said Devanney. This would give a better picture of how short the Township is on revenues, she said. Things like the hotel tax, "we know we're going to be short on revenues -- and last year, we generated a quarter of a million dollars [in hotel tax]. And we know that's not going to be the case. So, we have to take a hard look at all of those, all of those, revenues, not just property taxes, but other fees and things."
Click here for meeting agenda.
Related article: TAPinto Catch-up with Mayor Angie Devanney