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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>news</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: Fri, Feb 10 2006, 9:31 pm EST<span class="gen"> </span> Post subject: Tax base on the rise</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"><span style="font-weight: bold"> Commercial tax appeals slow overall growth</span> <br /> <br /> Cranbury's tax base grew by 5.5 percent in 2005, but some township officials say that growth could have been greater if it were not for several commercial tax appeals. <br /> <br /> Cranbury Township Tax Assessor Steve Benner said the township's overall ratable base — or the total value of taxable property in the township — increased by $32.134 million this year to a total of $620.326 million. Mr. Benner said 75 percent of the increase came from the construction and sale of commercial facilities, and the remaining amount was from new houses. <br /> <br /> But Mr. Benner said the total amount of taxable property would have been more had the township not lost $12.138 million in ratables when three commercial companies filed tax appeals in 2005. <br /> <br />(<a href="http://www.zwire.com/site/news.cfm?newsid=16105017&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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