On Tuesday, April 10, 2012 the Montville Township Committee voted unanimously to introduce the 2012 municipal budget at their regularly scheduled meeting.  As introduced, the 2012 municipal budget represents an increase in spending of $134,984 or 0.47% over the 2011 adopted budget.  This has a corresponding impact of a 2.37% increase on the municipal tax levy, which is compliant with the State mandated tax levy cap.  All of these percentages translate to an increase in municipal taxes of approximately $50 for the average assessed home of $528,339 (post revaluation).

Municipalities in the state of New Jersey are contending with many obstacles regarding their budgets.  The challenges associated with the preparation of this budget are a reoccurring theme during these economic times.  In 2011 the Township experienced a shortfall in realized revenue due to issues associated with the general state of the economy, had to contend with the impact of tax appeals, and experienced two emergencies – Hurricane Irene and the October Snow Storm.  The Township Committee and staff worked diligently to prepare a budget that maintains the high level of service the Township’s residents expect, while controlling spending.

On Tuesday, June 12, 2012 the 2012 budget was adopted.

2012 Municipal Budget Summary (as introduced)

2012 Official Line Item Budget (as adopted)