2008 Municipal Budget Highlights (An Archive)

The 2008 Municipal tax rate is .030, or thirty cents per $100 value.

The 2008 Municipal tax increase is approximately $214 on a home assessed at the township average of $510,100. The chart below provides a break down of various increases:

The total municipal budget for 2008 is $27.95 million. The 2007 municipal budget was $26.84 million. The municipal budget includes public safety (police), public health, planning, engineering, code enforcement, public works (roads & parks), recreation, municipal court, capital programs (for road overlays, heavy equipment, open space, etc.), debt service and administration.

To calculate your municipal taxes for 2008, multiply the assessed value of your home times .003. (Note, this does not include taxes for public schools, county services, fire district, county library system or open space.)

The Township Committee held five public meetings between February and June in which details of the budget were discussed at length and time was set aside for public comment. The municipal budget was adopted June 19.

Our tax office had to send out estimated tax bills because the County was unable to certify the final tax rate (due to questions about State aid to municipalities) in time for the township to meet its deadline for sending out tax bills. The township could not postpone its deadline without incurring added costs, which would not be in the best interest of taxpayers. The County has since certified the tax rate, and it is very nearly identical to the estimated rate.

Montgomery’s municipal tax on a home assessed at the Township average of $510,100 remain lower than those of Hillsborough, Plainsboro, Princeton or West Windsor.

A copy of the budget is available in the Office of the Municipal Clerk, 2261 Rt. 206, Belle Mead, NJ, (908) 359-8211 during the hours of 8:00 a.m to 4:30 p.m. each weekday and a link to a summary page is found above.