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anon-8670 Guest
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anon-97on Guest
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Posted: Sun, Mar 10 2013, 9:51 am EDT Post subject: Re: No municipal tax increase |
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The township accomplished it by using their reserve surplus. I don't know if the school has a comparable option. |
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anon-p082 Guest
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Posted: Sun, Mar 10 2013, 9:46 pm EDT Post subject: Re: No municipal tax increase |
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The Cranbury Press article:
Quote: | The proposed budget, which officials say will not increase the tax rate, is $11,295,232, an increase of $902,995 from last year’s $10,822,802.38 budget.
According to the proposed budget, the township anticipates using $1,359,922 of its surplus, which brings the remaining surplus balance to $2,095,625.75. |
If the budget went from 10,822,802 to 11,295,232, how is it a 902,995 increase. 902,995 is an 8% increas, quite large. Using the numbers in the article the spending increase is 4%, not as bad, but still large in this economy.
It is also interesting that a couple of years ago, using the surplus was such a big problem when it was closer to $4 or $5 Million. Now this budget is using 40% of the surplus bringing it down to $2 Million. Has something changed? |
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anon-8670 Guest
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Posted: Sun, Mar 10 2013, 10:46 pm EDT Post subject: Re: No municipal tax increase |
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Since the property values are flat maybe they felt the reserve for property tax settlements could be used to help with the tax rate? |
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anon-opp6 Guest
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Posted: Mon, Jun 3 2013, 7:16 am EDT Post subject: Re: No municipal tax increase |
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Almost a million dollar increase in spending, and call it no increase.
Nice!
Nothing to see here people. Move along.
LOL |
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anon-4090 Guest
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Posted: Mon, Jun 3 2013, 7:24 am EDT Post subject: Re: No municipal tax increase |
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And it starts already. Nice way to start your day. |
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anon-8670 Guest
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Posted: Mon, Jun 3 2013, 7:33 am EDT Post subject: Re: No municipal tax increase |
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There is a grant for the downtown for 250k or so which is from the state. Benefits also increase each year. Did you go to a TCeeting at budget time? Or is this post associated with the upcoming primary and we'll hear nonsense again from June-November again this year. |
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anon-opp6 Guest
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Posted: Sat, Jun 8 2013, 10:50 am EDT Post subject: Re: No municipal tax increase |
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I don't think the opposition or challenging those responsible for raising our taxes is a pre-election stunt for attention. I think it is a real issue.
First of all it was said no tax increase. Good short term feel good. But! Spending increased by 10 percent by a million bucks.
That spending does not stop next year. It becomes the new spending norm for the next year. Someone else gets holding the blame for the subsequent tax increase to keep up with the spedning.
Of course the good people employed by the township deserve reasonable increases in pay, benefits etc.
Unfortunately I have not had an increase in pay in 3 years. I have had to pay more for my benefits substantially over the last few years through my contribution required by my employer.
So bottom line, I make less now, and pay more to live here.
I love this town, but it cannot continue to grow its spending at a 10 percent rate, when the tax base is not increasing.
My opinion, we should all question, and help with suggestions to help our elected officials and administrators.
I believe they all are doing a really good job, but its a huge responsibility, I'd like to find a way to help them. Look at the budget objectively. Like Win Cody did, how found hundreds of thousands of dollars we could save and trim, without siginificant loss of services.
Thank you for reading and letting me share my opinion. |
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anon-8670 Guest
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Posted: Sat, Jun 8 2013, 11:04 am EDT Post subject: Re: No municipal tax increase |
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There is a problem with this statement. How does the tax rate remain flat at a time when property taxes are also flat and then you say there is a 10% increase. If the budget portion paid by tax revenue increases by 10% then tax revenue would need to cover it. Plus, the state has a 2% cap by law.
My guess without being at the budget meeting and I doubt the poster above was either is that the increase comes from grants which have to be shown as expenses.
It seems this is political rhetoric yet again raising it's head like last year. If people are truly concerned I encourage you to go to a TC meeting or town hall and ask to go through the numbers.
Don't take anyone's interpretation including mine as fact. Since I believe the only ones at the budget meetings were TC members and staff they are likely the only ones with true answers. |
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anon-97on Guest
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Posted: Sat, Jun 8 2013, 11:38 am EDT Post subject: Re: No municipal tax increase |
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anon-8670 wrote: | There is a problem with this statement. How does the tax rate remain flat at a time when property taxes are also flat and then you say there is a 10% increase. If the budget portion paid by tax revenue increases by 10% then tax revenue would need to cover it. Plus, the state has a 2% cap by law.
My guess without being at the budget meeting and I doubt the poster above was either is that the increase comes from grants which have to be shown as expenses.
It seems this is political rhetoric yet again raising it's head like last year. If people are truly concerned I encourage you to go to a TC meeting or town hall and ask to go through the numbers.
Don't take anyone's interpretation including mine as fact. Since I believe the only ones at the budget meetings were TC members and staff they are likely the only ones with true answers. |
They also used a healthy chunk of the surplus reserve which can allow for a higher budget without a tax increase. Not arguing one way or the other since I wasn't there, just sharing information. |
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anon-8p78 Guest
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Posted: Thu, Jun 13 2013, 6:54 pm EDT Post subject: Re: No municipal tax increase |
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I would love to love to see an administration say "no new taxes" and mean it. |
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anon-97on Guest
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Posted: Thu, Jun 13 2013, 9:17 pm EDT Post subject: Re: No municipal tax increase |
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anon-8p78 wrote: | I would love to love to see an administration say "no new taxes" and mean it. |
As opposed to what? It sounds like there won't be a tax increase. |
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anon-4490 Guest
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Posted: Sat, Jun 15 2013, 4:52 pm EDT Post subject: Re: No municipal tax increase |
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Keep dreaming!
And believe the spin. |
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anon-421r Guest
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Posted: Sat, Jun 15 2013, 5:05 pm EDT Post subject: Re: No municipal tax increase |
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I don't get it. What spin? If the town tax rate goes up it's spin. If not it's the truth. |
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