![]() If a resident’s home was assessed at $250,000 in 2016 and is now assessed at $240,0, the municipal tax will decrease from $867 to $828.Īn individual will pay more or less in municipal taxes based on the assessment of his property and/or home. If a resident’s home was assessed at $500,000 in 2016 and is still assessed at $500,000 in 2017, the municipal tax will decrease from $1,735 to $1,725. The owner of that home will pay $1,340 in municipal taxes – an increase of $20. In 2017, the municipal tax rate is projected to be 34.5 cents per $100 of assessed valuation and the average home assessment is $388,672. The owner of that home paid $1,320 in municipal taxes. In 2016, the municipal tax rate was 34.7 cents per $100 of assessed valuation and the average home assessment was $380,506. Other revenue includes the use of $5.8 million from surplus funds (savings) and the receipt of $7.4 million in state aid.įreehold Township’s 2016 budget totaled $40.1 million and was supported through the collection of $20.89 million in property taxes, the use of $5.1 million from surplus and the receipt of $7.4 million in state aid. ![]() Residential and commercial property owners will pay $21.27 million in local taxes to support the budget. Personnel costs will account for $24.5 million of this year’s budget, according to municipal officials. ![]() The township has 200 full-time employees, which includes 67 police officers, and 64 part-time employees. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |