Business & Finance

North Caldwell Council Introduces 2017 Municipal Budget with 1.82 Percent Tax Increase

e646ca25bbe723899494_Screen_Shot_2017-03-29_at_11.11.44_PM.jpg
e646ca25bbe723899494_Screen_Shot_2017-03-29_at_11.11.44_PM.jpg

NORTH CALDWELL, NJ - The 2017 municipal budget to support municipal services, with a price tag of $8,733,665 in appropriations, and featuring a tax rate increase of 1.82 percent, was introduced on Wednesday by the North Caldwell Borough Council.

If adopted, this municipal budget would mean an increase in the tax levy for municipal purposes of $47.67 on the average borough home.

According to council finance chairman Frank Astorino, the reserve for uncollected taxes will be $368,706 and there will be $2,477,807 in anticipated revenue, excluding property taxes.

Sign Up for E-News

The operating budget was supported by all members of the governing body, but Councilman Arthur Rees cast the lone dissenting vote on the overall spending plan because he objected to about half of the $2,867,000 capital budget being allocated to a turf field without a vote from borough residents.

Rees said that unlike other proposed capital expenditures, the turf field would not benefit the entire borough.

Although the councilman said he would have voted for the capital budget outlay had a referendum been held, he continued his opposition to the turf field expenditure in the absence of a vote by North Caldwell residents.

Astorino replied that it had been “a busy year” in the borough, with the acquisition of Walkers Pond and improvements to all borough fields.

He added that although he was not originally in favor of the turf field, he saw many worthwhile expenditures in the capital budget revolving around the area surrounding the municipal swimming pool, Liberty Field and the tennis courts.

The finance chairman said these expenditures serve the interests of the entire town and represent what a fairly significant amount of the population wanted.

He congratulated Councilmen Robert Kessler and Joshua Raymond for their work in bringing about recreational improvements, meaning that, for the first time since his long tenure on the council, “the recreation department is getting what it was due to get.”

Council president Cynthia Santomauro thanked chief financial officer Richard Mondello and the borough department heads for taking on the tough task of preparing the budget and presenting it to the public in an easily understandable form.

She said that in difficult times it was always hard to produce a “flat” budget, but borough officials did their best to keep it as low as possible.

In two other fiscal moves, the council also voted on Wednesday to defer half of both local district and regional high school taxes.

New Jersey municipalities collect property taxes for schools within their borders, but they are not required to turn those taxes over to their respective boards of education as soon as they are collected. The communities may defer up to half of the amounts collected to help stabilize municipal tax rates.

On another budgetary matter, Kessler announced that the North Caldwell Board of Education would be holding a meeting to discuss possible improvements in borough schools on Tuesday, April 4, at 7:30 p.m. at the Grandview School.

Although Kessler did not know what was contained in the plans, he said he had heard that 80-to-100 new students were expected in borough schools due to recent residential construction in the borough and that this would have some impact on planning for school facilities.

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

West Essex

Free Class at CylcleBar Livingston to Support Sustainability

June 22, 2018

LIVINGSTON, NJ — Join us at CycleBar Livingston for Uplift Humanity's first charity event! In addition to getting your sweat on for FREE, you can learn about about how we are using a sustainability-first approach to solve poverty in developing countries around the world. Meet our Board and Founder and get information on volunteer opportunities.

We've partnered with ...

Deegan Dental Implant Special!

WEST ORANGE, NJ - OUR NEW DENTAL IMPLANT SPECIAL OFFER WILL GIVE YOU REASON TO SMILE!

Deegan Dental is happy to announce our New Dental Implant Special Offer that covers a single Complete Tooth Replacement (including the Implant, Stock Abutment and E-max Crown) for only $2,200 per Implant; a Great Value compared with our usual $4,000 fee!

Dental Implants look and feel like your own ...

Men’s Shul Softball League Unites in Livingston to Support Parkland Community

June 23, 2018

LIVINGSTON, NJ — The Men’s Shul Softball League, consisting of teams from temples throughout Livingston, West Orange, Short Hills and other neighboring communities in Essex and Morris counties, gathered in Livingston prior to regular play on Sunday morning in support of Make Our Schools Safe, an organization started by the parents of a Marjory Stoneman Douglas (MSD) High School ...

Upcoming Events

Carousel_image_84a90ab7ab886a6c6979_lbi_sosc_june_25_2018_02

Mon, June 25, 9:00 AM

Anthony Santomauro, North Caldwell

Legends Baseball “School’s Out Baseball Camp”

Education Health & Wellness Other Sports

Carousel_image_84a90ab7ab886a6c6979_lbi_sosc_june_25_2018_02

Mon, June 25, 9:00 AM

Anthony Santomauro, North Caldwell

Legends Baseball “School’s Out Baseball Camp”

Education Health & Wellness Other Sports

Carousel_image_f6336b4ae60182e89776_roseland_library_logo

Mon, June 25, 10:00 AM

Roseland Public Library, Roseland

Walking for Fitness

Winners of 19th Annual Gaelen Juried Art Show & Sale Announced

June 21, 2018

WHIPPANY, NJ - Winners of the 19th annual Gaelen Juried Art Show & Sale were announced at the Opening Reception on Sunday, June 10.   The show will run through Sunday, July 29 at the Gaelen Gallery West, Aidekman Family Campus, 901 Route 10 East, Whippany.

Awards were presented at the Opening Reception for Best in Show and Best /Honorable Mention in the following categories: ...

Obituaries

Mar 23, 1932 - Jun 2, 2018
Obituary - Donald J. Cooney, March 23, 1932 to June 2, 2018 Donald J. Cooney, 86, of North ...
Read more

A Special Thank You For Helping Us Weather The Storm

June 18, 2018

About a month ago, on May 15, 2018, something happened to me and my family that changed our lives. An act of God, apparently a “microburst,” tore through our front yard, and uprooted an approximately 19,000 pound tree. The tree fell into my 8 month old’s bedroom destroying the entire structure of our home.

My husband, with what I call divine intervention, told us to go ...

Sobel & Co. Valuation Practice and EAC Valuations LLC Merge

“We are pleased to announce that EAC Valuations PA has joined the Sobel & Co. Valuation Practice to create Sobel Valuations LLC, a wholly owned subsidiary of Sobel & Co.,” said Alan Sobel, managing member of the firm.

“From the first time Frank Merenda, president and CEO of EAC Valuations, met with the Sobel & Co. valuation team, we quickly recognized the power of ...

My So-Called Graduation

The last of my children graduated from high school.  

 

My son and daughter threw their caps high into the air and cheered their liberation from one symbolic institution before contemplating their matriculation into other, much larger institutions significantly further away.  

 

Or at least far enough away that they won’t be needing rides home from ...