Thursday, July 13, 2006

Montclair Tax Increase

From the Star Ledger:

Township council pares property tax increase

The average Montclair homeowner is looking at a municipal property tax increase of $160.62, Township Manager Joseph Hartnett said just two weeks before the budget's expected adoption.

The increase on a home assessed at $252,000 -- the township average -- is down $35.73 from the projected tax increase of $196.35 just a few weeks ago.

If approved, the package -- combining municipal, school and county governments -- would cost the average Montclair homeowner an extra $646.92 in the coming year.

The 5.49 percent increase in the amount to be raised by taxes for municipal purposes is less than the 6.7 percent increased first proposed. Montclair's council subsequently called department heads to hearings to address how they might cut their budget requests.

Yet resolutions dealing with amendments to the capital budget -- one for $1 million in street and sewer work and one for $50,000 for the cable-access station -- drew "No' votes from Deputy Mayor Gerald Tobin and Ted Mattox, a councilor-at-large.

11 Comments:

Anonymous Anonymous said...

this is like a three card monty
game here in NJ.

Tax payer screwed again.

7/13/2006 08:27:00 AM  
Anonymous Anonymous said...

Can't wait til I get my tax bill in cliffside park. Tax is due Aug 1st, but they're still working on the amount. I wonder what's taking them so long. n/m stupid question.

7/13/2006 08:36:00 AM  
Anonymous Anonymous said...

Montclair? Ask Perth Amboy's fixed income seniors what their tax increase is just for the third quarter!

7/13/2006 08:48:00 AM  
Anonymous Anonymous said...

this is just like in california. businesses and people are leaving the state in droves because of high taxes and the state's answer to this is MORE TAXES.

can the last one to turn off the lights in NJ please.

7/13/2006 09:42:00 AM  
Anonymous Anonymous said...

Well if your from Mexico you
are welcomed with open arms.

Housing, welfare, free hospital
treatments.

Tax, whats that?

And they get the rebate for renting
as well, no questions asked.

7/13/2006 10:03:00 AM  
Anonymous Anonymous said...

Is this prior to the tax reassessement for next year? I'm confused.

As for the average anticipated increase--big deal! You're making more interest income now, so you probably won't feel it.

No whining please!

7/13/2006 10:50:00 AM  
Anonymous Anonymous said...

this is just like in california. businesses and people are leaving the state in droves because of high taxes and the state's answer to this is MORE TAXES.


Hate to tell you but California continues to grow. Sunshine is a cure all for taxes--ust look at Florida!

7/13/2006 10:52:00 AM  
Anonymous Anonymous said...

California "grows" only because of illegal immigration (and children of illegals). It has been losing tax payers for years. But I know, it's a great place. Many areas are patrolled by MS-13 (latin street gang) and the streets are about as safe as Baghdad.

7/13/2006 11:45:00 AM  
Anonymous Anonymous said...

Perhaps NJ can begin to sell off
assets like they are doing in
Chic. MidWay Airport is being Sold
to a foreign investor.

Many people don't realize that assets such as the airport in
Indianapolis is being managed by
foreign based companies.

7/13/2006 12:10:00 PM  
Anonymous Anonymous said...

Montclair is already one of the highest taxed cities in the state. I don;t understand what they're doing with all that money. The town has some commercial and industrial ratables as well so its not like a rural district.

7/13/2006 01:59:00 PM  
Anonymous Anonymous said...

Housing stocks creamed again.
Along with the rest.

7/13/2006 03:14:00 PM  

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