Northfield school budget calls for $69 average tax increase - pressofAtlanticCity.com: Northfield | Linwood | Somers Point

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Northfield school budget calls for $69 average tax increase

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Posted: Friday, March 22, 2013 6:27 pm

Lower-than-expected state aid could increase the school tax bill by 2 percent next year, according to the proposed Northfield school budget for 2013-14.

For the average residential assessment of $256,640 in 2012 — the 2013 average is not yet available — the proposed rate means a $2,585 annual school tax bill, an increase of $69, school administrator Linda Albright said.

“The main contributing factor is the fact that the state aid (increase) of $11,294 was much lower than anticipated,” Albright said. Total state aid for 2013-14 was $2.9 million for Northfield.

The total general budget would be about $13.1 million, while the tax levy would increase by about $171,000, or about 2 percent, to about $8.7 million.

The school tax rate would rise to just more than $1 per $100 of assessed value, or about $1,007 per $100,000, compared with about 99 cents per $100 this current school year.

The rate does not include municipal, county, Mainland Regional district and other types of property taxes.

A hearing on the proposed budget is scheduled for 6 p.m. Monday at the Northfield Community School.

Contact Steven Lemongello:

609-272-7275

SLemongello@pressofac.com

Follow Steven Lemongello on Twitter @SteveLemongello

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