Government

Raritan Borough Council Approves Budget With 0 Percent Tax Increase

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23100fda3dcdbbf2d296_Raritan_municipal.jpg

RARITAN, NJ - The Raritan Borough Council approved its $12 million budget Tuesday.

The budget is set at $12,485,213.93, a 14 percent increase over the 2017 budget of $10,897,968.70.

It includes a 0 percent tax increase for residents.

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The budget includes a $1 million grant from the North Jersey Transportation Planning Authority for pedestrian improvements from the NJ Transit Rail Station on Thompson Street to the riverfront.

In addition, budgets for Department of Public Works, fire and more have stayed fairly steady, according to borough administrator Dan Jaxel, with a $10,000 increase for library services, $13,000 increase for pensions and $50,000 increase for police. All of those changes, Jaxel has said, do not affect the bottom line of the budget, which is why the tax rate is remaining flat.

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