Tag: 2023 municipal budget
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Princeton Council introduces ‘worst case scenario’ for 2023 municipal budget
Princeton property owners will see a five-cent increase – a worst case scenario – in the municipal property tax rate under the proposed $72.4 million municipal budget for 2023. The budget was introduced by the Princeton Council at its March 13 meeting. A public hearing and final action on the proposed budget will be held…
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Inflation, rise in health care costs drive municipal increases in Lawrence Township
The Lawrence Township Council has introduced a $61.7 million municipal budget that will see a 2-cent increase in the municipal property tax rate. The municipal property tax rate is proposed to increase from 63 cents per $100 of assessed value to 65 cents. The owner of a house assessed at the township average of $284,792…
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Cranbury expects tax rate to remain flat for 2023
Cranbury Township officials have agreed to keep the tax rate stable for property owners in 2023. “We are still able to keep the tax rate flat. You do have the ability to use more surplus to keep the tax rate flat and increase your expenses for capital projects,” Township Administrator Denise Marabello said to the…
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Lawrence Township Municipal Manager: Significant increases expected in trash collection, 911 dispatch contracts
The Lawrence Township Council got its first look at the recommended $60.7 million municipal budget for 2023, which carries a 2-cent increase in the municipal property tax rate. The 2023 municipal budget, which was recommended at a Jan. 17 Council meeting, is $6.1 million more than the 2022 budget of $54.6 million. It is expected…
