Taxes Hold Steady In Proposed Gloucester Township Budget

GLOUCESTER TOWNSHIP, NJ - Gloucester Township’s municipal tax rate will hold steady if the proposed budget introduced on Monday night is passed.

After passing a budget with a nearly 8 percent tax rate increase last year, township council introduced a budget with no increase for the fiscal year at its meeting on Monday night, April 22, at the municipal building.

The proposed $64,288,627.63 budget is about $3,000 more than last year’s budget, but there would be no tax rate increase. The amount to be raised through taxation would be $47,829,279.04.
The public hearing and final vote on the budget is scheduled for the May 29 meeting. To view the full budget, visit glotwp.com.

In 2016, the township raised taxes by about 12 percent, but there was no tax increase the following year. In 2017, there was no increase, but residents remained critical that year. With the 2016 increase still on their minds, some residents questioned when taxes would go down.

Gloucester Township resident and Republican party chair has pointed out that the township’s taxes only seem to increase in even numbered years, when there is no municipal election. He points out that in odd years, when there is a municipal election, taxes tend to remain steady.

“I hope the budget is responsible,” Polidoro said. “And I don’t mean that you did your best for the taxpayers. I mean I hope you look into the future, and I hope you make sure the future is secure. I want you to be able to guarantee to the people of Gloucester Township that they won’t see a budget increase for the next three years.”

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