The was scheduled on Tuesday night to give a budget presentation and hold a final vote on a $35,070,746 municipal budget for 2012 that would raise by 3.02 percent the tax levy, or amount of total budget to be funded by local taxpayers.
The Township Committee voted unanimously to approve the budget as presented. Patch will provide further details later on Wednesday.
All municipal budget accounts, including funding for the and the township's open space tax, add up to a local municipal tax bill of $1,836.11 on an average township home, which for this year is assessed at 577,393.82.
That is an increase of about $58 on the average township home from last year. During 2011, the municipal portion of the total property tax bill on the average home — last year assessed at $581,059.60 — was $1,778.04, according to township figures.
The total budget for 2011 was $35.57 million. Although total budget appropriations are lower than last year, township revenues also are almost $670,000 less than in 2011, including a loss of grant money and reserves set aside in various accounts, according to the township's figures.
This year is the first that the Township Committee will break a six-year streak of keeping the municipal tax bill on the average home at less than it was in 2005, when the municipal portion of the average property tax bill was $1,799.65.
The township's figures point out that the total tax levy against local property owners has increased by about $1.1 million in additional county taxes from 2005; and a local school tax levy that has increasaed by $21 million between 2005 and 2012.
A presentation of the 2012 municipal budget is online. The meeting is scheduled to begin at 8 p.m. and also can be streamed the township website, or can be seen on public access channel 15 on Cablevision.