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[quote="Admin"][b]Under the proposed budget, residents owning a home with the average township assement of $225,000 would pay $1,912.50 in municipal taxes.[/b] Increases in the cost of public safety, professional services, utilities and state-mandated spending for the Cranbury Public Library could result in a 10.3 percent increase in municipal taxes for 2006. The Township Committee met Monday to discuss the proposed spending plan, which is slated to carry a municipal tax rate of 85 cents per $100 of assessed valuation, an 8-cent increase from 2005. Under the proposed tax rate, the owner of a house assessed at the township average of $225,000 would pay $1,912.50 in municipal taxes, a $180 increase from the 2005 average of $1,732.50. ([url=http://www.zwire.com/site/news.cfm?newsid=16062578&BRD=1091&PAG=461&dept_id=425419&rfi=6]more...[/url])[/quote]
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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>Admin</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sat, Feb 4 2006, 10:04 am EST<span class="gen"> </span> Post subject: Cranbury eyes tax hike</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"><span style="font-weight: bold">Under the proposed budget, residents owning a home with the average township assement of $225,000 would pay $1,912.50 in municipal taxes.</span> <br /> <br /> Increases in the cost of public safety, professional services, utilities and state-mandated spending for the Cranbury Public Library could result in a 10.3 percent increase in municipal taxes for 2006. <br /> <br /> The Township Committee met Monday to discuss the proposed spending plan, which is slated to carry a municipal tax rate of 85 cents per $100 of assessed valuation, an 8-cent increase from 2005. <br /> <br /> Under the proposed tax rate, the owner of a house assessed at the township average of $225,000 would pay $1,912.50 in municipal taxes, a $180 increase from the 2005 average of $1,732.50. <br /> <br />(<a href="http://www.zwire.com/site/news.cfm?newsid=16062578&BRD=1091&PAG=461&dept_id=425419&rfi=6" target="_blank" class="postlink">more...</a>)</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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