Increased County Revenue=Taxpayer Savings

Burlington County has made more money this year than in 2012—which is good news for the economy, as well as local taxpayers, according to County Clerk Timothy Tyler.

Tyler announced Tuesday his office had collected nearly $5.5 million in document recording and other service fees at the end of the third quarter, and was on track to generate more than $9 million on the year—approximately $2 million more than last year.

“Increased revenue means more funds in the county coffers,” said Tyler, “and at the end of the year, those additional dollars can be parlayed into tax savings in the county’s 2014 budget.”

“That’s serious good news for everyone who is looking for evidence that our economy is back on track,” he added.

Tyler noted that real estate document recording and transfer revenues collected by his office are related not just to the number of transactions, but also the value of the properties being bought and sold.

To view the entire revenue report, go to the clerk’s webpage at www.co.burlington.nj.us/clerk and click on the “compilations” link. Tyler has been posting monthly revenue reports since taking office in 2009 as part of the county’s transparency pledge to make more information more readily available to the public.