On the same night that representatives passed a city budget that will bring an average $120 tax increase, City Council unanimously approved a new salary ordinance Monday night that more than triples the mayor’s annual pay.
Tag Archives: budget
PILOTs in the 2015 budget
City Council is scheduled to hold a public hearing before formal approval of the 2015 municipal budget during its regular meeting on Monday night, and here are a few more details from the 44-page document.
A look at the expenses side of proposed budget
With City Council having introduced the proposed 2015 municipal budget earlier this month, and scheduled to vote on it at its next meeting, here’s a closer look at some of the items in the $52.5 million spending plan.
Continue reading A look at the expenses side of proposed budget
Average municipal tax hike projected at $120
A loss of almost $900,000 in revenue from the state’s red light camera pilot program is among the biggest hits to the 2015 municipal budget, which projects a 3.7-percent tax hike.
Continue reading Average municipal tax hike projected at $120
Proposal would restore mayor’s salary to $72K
More than three years after slashing the previous mayor’s pay by two-thirds, City Council introduced a measure that would restore the annual salary.
Continue reading Proposal would restore mayor’s salary to $72K
Redevelopment Agency introduces budget
The Redevelopment Agency introduced a $1.795 million budget for 2015 at its Oct. 1 meeting.
City Council approves two more tax judgments
City Council approved tax refunds for two more commercial properties that won tax judgments for 2012 and 2013. The governing body approved AR-112-14 at its regular meeting May 12.
Continue reading City Council approves two more tax judgments
Public hearing on budget slated for Monday
The City Council will hold a public hearing on the 2014 municipal budget during its meeting on Monday before giving final approval on the $51.8-million spending plan. The governing body is also scheduled to approve the Rahway Arts District‘s annual $130,000 budget, derived from the Special Improvement District (SID) tax.
The 2014 budget, introduced by City Council at its March 10 meeting, projects an increase of $43 in municipal property taxes on the average property, assessed at $133,000.