Moorestown Sun

By AUBRIE GEORGE | The Moorestown Sun
The average taxpayer will pay $392 more in municipal taxes this year under the municipal budget that was introduced at last week’s meeting.
The $23.6 million spending plan means a taxpayer with an average assessed home of $537,100 will pay about 28 percent more in municipal taxes this year, bringing the average municipal tax bill to about $1,788, township manager Chris Schultz said.
At a previous meeting, Council reduced the open space tax from 3 cents to 2 cents, in an attempt to decrease the overall tax burden for residents. This reduction would realize a $107 savings for the average taxpayer, bringing the net total of this year’s tax increase for the average homeowner to about $284, Schultz said.
Since a preliminary $24.7 million budget was introduced in April, Council has been looking for ways to chip away at spending and increase revenue in order to decrease the tax burden while not compromising township services.
Council eliminated a second-round summer trash pickup, froze raises for non-union employees and implemented a cafeteria plan to save on health-care costs to decrease the budget by more than $1 million dollars.
This budget utilizes $2 million in deferred school taxes, bringing the township’s total use of deferred school taxes to about $24 million, township CFO Tom Merchel said.
See this week’s print edition of The Sun for the full story.

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