Chatham Borough To Bump Taxes In New Budget

CHATHAM, NJ - The Borough of Chatham Council unanimously introduced a $15.2 million 2020 municipal budget, which reflects a 2.99 percent increase in taxes at its virtual meeting held last Monday night.

According to Chatham Borough Mayor Thaddeus Kobylarz the coronavirus pandemic has reduced revenues to Chatham Borough prompted to the need to exceed the two percent cap. The move is being made now, according to Chief Financial Officer Dave Hollberg, to avoid a much larger tax increase in the future. mean. six, seven or eight percent increase in taxes.

The 2020 budget will be published in print on May 14 and be available to taxpayers to view in on the borough website. The public hearing is set for May 26, but the earliest it will be adopted is June 8.

You can view the meeting for full comments below.

Thanks for reading! Learn more about posting announcements or events to your local Patch site. 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. You can also have them delivered to your phone screen by downloading, or by visiting the Google Play store.