City Council approved a tax appeal settlement with a New Brunswick Avenue industrial property, adding another two years to an appeal covering nearly the last decade and totaling more than a quarter-million dollars.
The state Department of Environmental Protection (DEP) announced the 600th home purchased as part of its Blue Acres program. Blue Acres has acquired about two dozen properties in Rahway, including four more since RahwayRising.com last reported on the topic.
A St. Georges Avenue auto center won a tax appeal that slashed more than a quarter off its property tax bill for last year.
City Council is scheduled to hold a public hearing and final approval of the 2017 municipal budget during its combined conference and regular meeting tonight, starting at 7 p.m. The $54-million spending plan, which projects an average municipal tax increase of $81, was introduced at the April 24 regular meeting.
Payments In Lieu Of Taxes (PILOTs) more than doubled in last year’s municipal budget, eclipsing $2 million after three new projects were added to the tax rolls. The spending plan for 2017 anticipates $1.3 million after the expiration of one five-year PILOT.
City Council is scheduled to vote on a $140,000 Special Improvement District (SID) budget for 2017 during its combined conference and regular meeting on June 12.
City Council introduced a 2017 municipal budget on Monday night that estimates an average tax increase of about $81, or 2.4 percent, on the average Rahway home.
City Council is expected to introduced the 2017 municipal budget at its next regular meeting, April 24.