Garwood Budget Would Include 3.8 Percent Tax Hike
Budget introduced by Council Finance Committee Chair Todisco includes more funding for recreation and seniors.
Garwood Councilwoman and Finance Committee Chair Sara Todisco presented the 2012 municipal budget at Tuesday night's council meeting. "The bottom line is that we are maintaining all Garwood services, while staying within the governor's two-percent cap," said Todisco. This year's budget also includes increased funding for recreation and seniors. The total tax increase is 3.8 percent over last year, 10.51 tax points, which equates to an increase of $105 per 100,000 in residents' assessed home value. See a PDF of the full budget in our gallery, right. "The extra funding for seniors is to make up for the difference from cut HUD funding," explained Todisco. "HUD (Housing and Urban Development) funds were cut significantly, so we raised their …
KIM POSSIBLE
11:27 am on Thursday, March 15, 2012
lovely,just what we need,higher taxes,pretty soon noone will be able to afford to live in this town anymore. when i tell people what our taxes already are in this town they cant believe it! more ›