![]() ![]() ![]() If a resident’s home was assessed at $250,000 in 2016 and is now assessed at $240,0, the municipal tax will decrease from $867 to $828.Īn individual will pay more or less in municipal taxes based on the assessment of his property and/or home. If a resident’s home was assessed at $500,000 in 2016 and is still assessed at $500,000 in 2017, the municipal tax will decrease from $1,735 to $1,725. The owner of that home will pay $1,340 in municipal taxes – an increase of $20. In 2017, the municipal tax rate is projected to be 34.5 cents per $100 of assessed valuation and the average home assessment is $388,672. The owner of that home paid $1,320 in municipal taxes. In 2016, the municipal tax rate was 34.7 cents per $100 of assessed valuation and the average home assessment was $380,506. Other revenue includes the use of $5.8 million from surplus funds (savings) and the receipt of $7.4 million in state aid.įreehold Township’s 2016 budget totaled $40.1 million and was supported through the collection of $20.89 million in property taxes, the use of $5.1 million from surplus and the receipt of $7.4 million in state aid. Residential and commercial property owners will pay $21.27 million in local taxes to support the budget. Personnel costs will account for $24.5 million of this year’s budget, according to municipal officials. NOTE: The inclusion or exclusion of a school in this locator does NOT constitute an endorsement of the school and should NOT be used in any way to infer the accreditation status of the school.The township has 200 full-time employees, which includes 67 police officers, and 64 part-time employees. ![]()
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