>All you need to know about Tuesday night’s Middletown Township Committee Special Budget Adoption Meeting is that the $64.6M, 2010 Municipal Budget, with its 13.4% tax hike, was adopted by a 4-1 vote. The lone dissenting vote was place by Democratic Committeeman Sean Byrnes.
Here are the simple facts as presented by the Asbury Park Press:
“…The Township Committee adopted Tuesday a $64.6 million municipal budget for 2010 that requires the average homeowner to pay an additional $207.
The $64,574,697 spending plan is $2,768,979, or 4.5 percent, higher than last year’s budget. The amount to be raised by taxes is $45,349,478, up $5,348,365, or 13.4 percent, from the 2009 tax levy….
…The municipal tax rate jumps from 35 cents per $100 of assessed value to 39.75 cents, up 13.6 percent. The average property owner with a home assessed at $435,000 will pay $1,729, up nearly $207, or 13.6 percent, to support the municipal portion of the tax bill….”
I would like to hear from all of those Middletown Republicans that support this budget. It will be interesting to hear how they spin this one.
You can read the whole article as written by Nina Rizzo >>> Here