2006 Municipal Budget
The 2006 Municipal Budget was Adopted by the Mayor and Council after a public hearing on April 25, 2006. The Adoption of the 2006 Budget concludes the 2006 municipal budget process.
The 2006 Budget in the amount of $21,879,249 reflects a $1,403,942, or 6.85 %, increase over the 2005 Budget. Of this total budget increase, non-discretionary or mandatory increases account for $925,961 of the appropriation increases.
The 2006 Budget requires a municipal purpose tax increase of 3.4 tax points from $0.542 to $0.576 per $100 of assessed valuation. The new municipal open space tax approved by the voters last November will result in an additional $0.01 per $100 of assessed valuation. Therefore, the total municipal purpose tax rate will increase from $0.542 for 2005 to $0.586 for 2006.
The municipal purpose tax increase for the home assessed at $620,000, the Borough's average assessment, will be approximately $273 in 2006.
Where the Money Comes From, Where the Money Goes
2006 Revenue and Appropriation Summaries
2006 Budget Revenues
2006 Budget Appropriations
2006 Property Tax Rate
Capital Plan - 6 Year Capital Program - 2006 - 2011 |