EGG HARBOR TOWNSHIP — Township Committee approved its $37.5 million municipal budget Wednesday, increasing the local-government tax rate by 1.2 cents to 51.7 cents per $100 assessed value.
For a home assessed at the township average of $208,100, this translates to a $25 increase and a $1,076 local property-tax bill.
The budget passed unanimously, Mayor James “Sonny” McCullough said, with no comments from the public. McCullough said the township’s auditor, Ken Moore of the Ocean City firm of Ford Scott & Associates, complimented officials, saying the increase was small compared to some other municipalities.
Other committee members thanked township staff for their work on the budget.
This sum is just the portion of township property taxes used to fund township government, and does not include the township schools or county government.
The school district has proposed a $129.2 million budget that would increase the tax rate by 4.4 cents to $1.86 per $100 assessed value. This would cost the average township homeowner $3,864. The township’s share of county taxes has not been finalized.
Township officials introduced the budget last month, using the opportunity to complain about the unfairness of the state’s handling of utilities taxes and education funding.
“If the state of New Jersey did not steal the Energy Receipts Taxes from us, we would have an additional $8 million of revenue to apply to our budget,” McCullough said last month. “It would reduce our local-purpose tax by 40 percent,” or by about 20 cents.
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