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Oldmans Township adopts 2010 budget
OLDMANS TWP. Oldmans Township Committee has adopted its $1.27 million 2010 municipal operating budget a feat township auditor Ed Paul described as impressive.
one my first to introduce, and my first to adopt, said Paul of the various municipalities that make up his clientele. in the state haven adopted theirs yet. Oldmans Township Mayor William Miller said the committee managed to adopt a municipal budget for 2010 that won raise local purpose tax at all.
were able to have a zero local purpose tax increase, said Williams. we did have to use a significant amount from our surplus to make that possible. estimated the township took around $24,000 from its reserves to try and offset the $80,000 state aid cut Oldmans Township took.
To compensate for the rest of the reduction, Miller used a stepbystep approach. By looking at the budget line item by line item, the committee made small reductions in each. Miller said those small cuts added up to a sum large enough to keep locals from seeing a tax increase.
quite an accomplishment not to have to raise property taxes, said Miller. significant number of people in town are on a fixed income, and a significant number are laid off. he said adding to locals lists of financial woes was the last thing he wanted to do.
According to Miller,[url=http://www.sport.fr/business/louisvuitton.html]sac louis vuitton[/url], the linebyline cuts, coupled with using some of the town surplus, was even enough to prevent cutting township programs and resources.
But while Miller said cuts and tax increases were prevented this year, this year may also bring the end of the good old days.
didn cut this year, and I stress year, because next year could be a totally different situation, said Miller. am under the impression that next year going to be worse, and the cuts are going to be deeper. homeowners in Oldmans Township won see a local property tax increase, Miller said they may see a slight increase in county taxes.
And Oldmans taxpayers won see an increase in school taxes for 2010, either.
But keeping tax hikes at bay has come from efforts in every area, said Miller, including from the township committee and those employed by Oldmans.
of our township employees had their salaries increased this year we were able to hold employees salaries at the same amount they were in 2009, said Miller, adding that having no salary increase is better than taking a decrease, as many have had to do.
With most municipalities in the State of New Jersey far from budget adoption, Oldmans Township debtfree track record may have helped balance things out for 2010.
Regardless of which factors may have helped make 2010 notax increase possible, Miller said Oldmans Township is extremely lucky in the grand scheme of things.
The municipality managed to introduce its 2010 budget in March, hold its public hearing in April only to finalize and adopt it on May 5, the following month.
budget is relatively small, but given the times we in, when things are pretty rough out there I say we did a pretty good job with the circumstances, he said.
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