Tag: municipal budget
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Eatontown council adopts $27.3M municipal budget for 2020
EATONTOWN – In a 5-1 vote, the members of the Eatontown Borough Council have adopted a 2020 budget that totals $27.34 million to fund the operation of the municipality this year. According to the municipal clerk’s office, council members Kevin Gonzalez, Joseph Olsavsky, Mark Regan Jr., Maria Grazia Escalante and Margaret Hope Corcoran voted “yes”…
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Aberdeen council adopts $22M municipal budget for 2020
ABERDEEN – The Township Council has adopted a $22.08 million budget which will fund the operation of Aberdeen Township in 2020. The budget was adopted on June 18. When the budget was introduced in April, the spending plan totaled $22.05 million. Adjustments were made during the intervening months for road repair costs that added $30,000…
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Holmdel Township Committee adopts $25M budget for 2020
HOLMDEL – Members of the Township Committee have adopted a 2020 municipal budget that totals $25.08 million and will be supported by the collection of $14.63 million in taxes from Holmdel’s residential and commercial property owners. To support the budget, officials will appropriate $3.5 million from Holmdel’s surplus fund (savings) as revenue and expect to…
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Red Bank officials introduce $23.2 million budget for 2020
RED BANK – The Red Bank Borough Council has introduced a $23.19 million budget to fund the operation of the municipality in 2020. Red Bank’s residential and commercial property owners will pay $14.17 million in a local tax levy to support the municipal budget and an additional $786,640 in taxes to support the maintenance of…
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Matawan council members adopt $13.4 million budget for 2020
MATAWAN – The Borough Council has adopted a $13.42 million budget to fund Matawan’s operations and services during 2020. The budget will be supported in part through the collection of a $9.12 million local tax levy to be paid by Matawan’s residential and commercial property owners. Property owners will pay an additional $392,821 in a…
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Rumson Borough Council introduces $19.65 million municipal budget for 2020
RUMSON – The Borough Council has introduced a $19.65 million budget to fund the operation of Rumson during 2020 and set July 14 as the date for a public hearing on the spending plan. The budget was introduced on June 9. Council President Laura Atwell and council members Gary Casazza, John J. Conklin III, James…
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Keyport officials adopt $10.9 million municipal budget for 2020
KEYPORT – The Keyport Borough Council has adopted a $10.95 million budget to fund the operation of the municipality in 2020. The budget was adopted during a meeting on June 16. Council members Dennis Fotopoulos, Matthew Goode, Delia Sosa McDermott, Victoria Pacheco and Joseph Sheridan voted “yes” on a motion to adopt the budget. Councilman…
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Colts Neck officials adopt $12.4M municipal budget for 2020
COLTS NECK – Members of the Colts Neck Township Committee have adopted a 2020 municipal budget that totals $12.46 million and will be supported by the collection of $7.8 million in taxes from the community’s residential and commercial property owners. To support the budget, officials will appropriate $1.6 million from Colts Neck’s surplus fund (savings)…
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Middletown committee adopts amended municipal budget for 2020
MIDDLETOWN – The Township Committee has adopted Middletown’s 2020 municipal budget, but not in the amount in which the spending plan was introduced in April. In April, members of governing body introduced an $83.45 million budget to fund the operation of the municipality in 2020. That budget would have been supported by the collection of…