Chatham Borough To Bump Taxes $126

CHATHAM, NJ - The average taxpayer in Chatham Borough will be paying $126 more in taxes if the municipal budget introduced by Chief Financial Officer Tim Day last Monday remains unchanged.

According to Day's presentation, which can be viewed here, based on the average home assessed at $676,785, taxes will be $126 more than in 2018. The 2019 budget is $14,819,561 and has a tax levy of $8.9 million. Chatham Borough increased their budget $309,210 for 2019. According to the presentation, the total tax rate is 1.87 percent higher than 2018.

"Formulating a budget is a Herculean or near-Herculean effort and its also a team effort," Councilman Thaddeus J. Kobylarz said, noting the work the budget committee, administrators and department heads put in to assemble the document.

"It is a budget that provides for the funding of all our essential services, including police, department and public works, health and safety, etc.," he said. "And it does so with a modest increase in the tax levy."

You can listen to Kobylarz's full remarks at about the 36 minute mark in the video.

The public hearing and vote to adopt the 2019 budget is scheduled for April 22.

Thanks for reading! Learn more about posting announcements or events to your local Patch site here. Have a news tip you'd like to share? Or maybe you have a press release you would like to submit or a correction you'd like to request? Send an email to russ.crespolini@patch.com

Subscribe to your local Patch newsletter by clicking here. You can also have them delivered to your phone screen by downloading our Apple iOS app here, or by visiting the Google Play store for the Android app here.