HAMILTON TOWNSHIP — Township Committee formally approved its $25.3 million budget Monday night by a 5-0 vote.

The budget does not increase the tax rate, a point repeatedly emphasized by the Township Committee.

“This Township Committee has recognized the tight constraints that so many of our citizens are laboring under and every tax increase, even if only a penny, is mounting on our people,” Committeewoman Aline Dix said.

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This year’s budget is about $52,000 less than 2012, and more than $1 million less than the 2011 budget. Taxpayers with a home valued at the average $184,500 will pay $1,367 in the municipal portion of their taxes.

The average township homeowner will also pay about $1,512 to the Hamilton Township school district, and $889 to the Greater Egg Harbor Regional High School District.

Between 2002 and 2012 residents saw their municipal taxes increase by more than 120 percent. But over the past two years township officials have sought new spending constraints including a “pay as you go” mandate to purchase items with available funds rather than through bonds.

While previous budget seasons were contentious, not a single member of the public spoke on the budget at Monday’s meeting or earlier budget hearings.

The committee also reviewed the audit of 2012, which auditor Ken Moore said contained no findings or significant issues.

It was the first time his company audited Hamilton Township, and Moore said, “Nothing came to the surface that we were concerned about.”

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