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Council Introduces Budget With No Tax Rate Increase

The second hearing for the $23,608,702 budget is scheduled for June 9.

Patch File Photo
Patch File Photo
When introduced Monday night, the 2014 municipal budget was $23,608,702, with no proposed tax rate increase.

The introduced budget includes $1,509,300 to be raised by taxation. The average Moorestown home assessed at $445,300 would pay $1,799 in taxes annually.

“I’m happy with the zero tax increase, but we have more to do,” Mayor Chris Chiacchio said. “We still have to identify areas of savings and start finding other revenue sources.”

He said the biggest item in the budget is employee costs, which amount to about $11 million. Health care costs are down slightly this year. There are about 80 employees this year, compared to about 88 last year and employees are contributing to their health care plans. The township saved money by outsourcing its trash collection.

The total amount the township proposes spending on capital improvement projects is $9,900,000, including $4,810,000 for street resurfacing; $2,445,000 for the purchase of vehicles and equipment for Public Works; and $1,030,000 for the purchase of police vehicles and equipment, among other items.

The township also set aside $10,107,500 for utility projects, including $5,000,000 for replacement and upgrades of water mains and $3,000,000 to install automated water meters.

The total for all projects is $20,007,500.

The township intends to use $2,115,000 of its $2,311,600 anticipated surplus.

The public hearing on the budget is set for June 9 at Town Hall, 111 West Second Street.

The budget is available in its entirety on the township’s website.

turf toed April 29, 2014 at 04:24 PM
Some body call mayor brown from eveshem. looks like he solved the dark mystery of how to spend open space dough on fields maybe this could hel the budget http://www.burlingtoncountytimes.com/news/local/evesham-hopes-for-a-hit-with-new-diamonds/article_521b3d49-808a-571e-a49d-70c41af77fe4.html
sanlazarro12173 April 29, 2014 at 05:11 PM
Day 11 Bella. Plenty of questions. No answers. No one held responsible Is a copy of the new sanitation agreement on the web page? No. Manager's contract on the website? No. Perplexing. Troubling. Keep this in mind. November is not far off.
Bella Pelosi April 29, 2014 at 05:47 PM
Where does the township have $4,225,000 to match this? What is it for? http://www.moorestown.nj.us/filestorage/207/243/271/2264/4109/5057/98-2014.pdf
Bill April 29, 2014 at 09:25 PM
Hmm did you ask any of yor questions at the town council meeting? Don't they have a q+a session? Email them or him?
Bella Pelosi April 29, 2014 at 11:05 PM
Bill are you afraid of transparency? Answer the questions here for all to see. Do you object to that? Do you have an answer for us?

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