By dave benjamin
Staff Writer
MANALAPAN — An amended 2003 municipal budget has been approved in a split vote of the Township Committee.
Mayor Drew Shapiro and committeewomen Rebecca Aaronson and Beth Ward voted yes on a resolution that calls for a change in the total budget from $25,473,078 to $25,509,078. The net change of $36,000 will be used for the purchase of two Chevrolet S-10 pickup trucks, according to municipal officials. One vehicle will be used by the construction office and the other by the health office for inspections.
The total amount to be raised by local taxation in 2003 will be $11,008,698.
Committee members Mary Cozzolino and Bill Scherer voted no on the resolution.
When the 2003 budget is adopted, the municipal tax rate is expected to increase from 46 to 47 cents per $100 of assessed valuation. The projected 1-cent increase per $100 of assessed value means that the owner of a home assessed at $150,000 will pay $705 in municipal taxes in 2003, up from $690 in 2002. The owner of a home assessed at $200,000 will pay $940 in municipal taxes in 2003, up from $920 in 2002. The owner of a home assessed at $300,000 will pay $1,410 in municipal taxes in 2003, up from $1,380 in 2002.
Municipal taxes are one part of a homeowner’s property tax bill. Other taxes include Manalapan-Englishtown Regional School District K-8 school taxes, Freehold Regional High School District taxes, Monmouth County taxes and other assessments.