
By Art Gallagher | MoreMonmouthMusings.com
The Monmouth County Board of Chosen Freeholders introduced a budget on Thursday that reduces County spending by $18.2 million and reduces the property tax levy on County residents and businesses by $4.5 million. The tax decrease is the first in 21 years and maybe ever, according to County Finance Director Craig Marshall.
The budget for the next fiscal year rolls County taxes back to 2008 levels and reduces spending to less than the 2007 budget. The tax cut reverses an increase, the only one since 2007, that the County imposed in the current year.
“This is a real cut,” said Freeholder Director Tom Arnone. “There is no fiscal gimmickry or raiding of trust funds or utility balances in this budget.”
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Let’s try this in Bergen