SOUTH BRUNSWICK, NJ – Township Council members unanimously approved an amendment to the proposed 2017 budget Tuesday night and scheduled a second public hearing on the spending plan for June 27.
Council members Joe Camarota and Jo Hochman were absent from the meeting.
Chief Financial Officer Joe Monzo said the budget, which was initially proposed with a 3.8 cents per $100 of assessed valuation, has now dropped to 1.6 cents per $100.
As it stands, the rate would increase the property tax for the owner of a home assessed at $300,000 by about $50, Monzo said.
The plan was amended Tuesday night to reflect several grants as revenue and cuts made by the council following several budget meetings since February.
The resolution also scheduled a second public hearing on the amended plan for June 27, two weeks from Tuesday, Monzo said.
No members of the public spoke during the first hearing on May 23.
“This (budget) is pretty lean and mean,” Mayor Chris Killmurray said. “We cut it back here and there, but it added up.”
Following the hearing in two weeks, the council will likely take a vote to adopt the budget.
The school district approved its spending plan for 2017-2018 on May 8 with a tax rate increase of 4-cents per $100 of assessed valuation.
That will increase taxes on a home assessed at $300,000 by $120.
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