Gloucester Township Council Introduces Budget With Proposed Tax Hike

Gloucester Township, NJ -- Gloucester Township Council introduced a $57,950,948 budget that includes a proposed tax rate increase of 11 cents during its meeting Monday night at the municipal building.

The tax increase means the owner of the average home in Gloucester Township assessed at $190,000 will pay an extra $209 in taxes annually. The total tax increase is $4,536,546.

Business Administrator Tom Cardis said the increase is the result of two storms that hit the region over the last year.

First, there was the June 23 storm that tore through South Jersey, flipping a car at the Deptford Mall and leaving a path of destruction in its wake.

The second was a severe winter storm that hit the region in January.

The township is eligible for a total of between $1.6 and $1.7 million in federal aid for both storms, including $1.2-$1.3 million for last summer’s storm and about $600,000 for the winter storm.

The township is $174,722 below the state’s tax cap.

The public hearing and final vote on the budget will take place on April 25.