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PLUMSTED Pride In Plumsted TOWNSHIP
Pride in Plumsted, the State's Center



2004 Municipal Budget
of the Township of Plumsted
County of Ocean
For the fiscal year 2004


Notice is hereby given that the budget and tax resolution was approved by the governing body of the Township of Plumsted, County of Ocean on April 12, 2004.

A hearing on the budget and tax resolution will be held at the Municipal Building, on May 10, 2004 at 8:00 p.m. at which time and place objections to the Budget and Tax Resolution .for the year 2004 may be presented by taxpayers or other interested persons.


Copies of the budget are available In (he office of Dorothy J. Hendrickson, Municipal Clerk at the Municipal Building, 121 Evergreen Road, New Egypt, NJ 08533, 609-758-2241 during the hours of 9:00 a.m. to 5:00 p.m..
 
PLUMSTED TOWNSHIP COMMITTEE 2004 BUDGET

NO TAX RATE INCREASE FOR 15TH CONSECUTIVE YEAR

Revenue and Appropriation Summaries
 
  Anticipated Anticipated
Summary of Revenues 2004 2003
1. Surplus 1,240,000.00 1,453,059.15
2. Total Miscellaneous Revenue 1,223,327.87 2,031,273.05
3. Receipts from Delinquent Taxes 100,000.00 100,000.00
4. a) Local Tax for Municipal Purpose 499,500.06 492,553.39
b) Additional to Local District School Tax .00 .00
Total Amount to be Raised for Support of Municipal Budget 499,500.06 492,553.39
Total General Revenues 3,062,827.93 4,076,885.59
Summary of Appropriations 2004 Budget Final 2003 Budget
1. Operating Expensis: Salaries and Wages 1,056,966.41 1,017,885.96
Other Expenses 1,196,389.34 1,293,634.26
2. Deferred Charges and Other Appropriations 116,377.53 92,065.07
3. Capital Improvements 121,700.00 699,000.00
4. Debt Service (Include for School Purposes) 11,474.00 471,500.00
5. Reserve for Uncollected Taxes 559,920.65 552,800.30
Total General Appropriations 3,062,827.93 4,126,885.59
Total Number of Employees

Balance of Outstanding Debt
         
    General No Utilities
Interest   2,409.05    
Principal   9,064.95    
Outstanding Balance   445,366.62    

2004 Municipal Budget and Property Tax Bills
The Township Committee, at the April 12th meeting, approved the introduction of its' 2004 Budget with no tax rate increase for an unprecedented 15th consecutive year. The $3,062,827 budget maintains a stable 12 cent tax rate, the lowest municipal tax rate of the 33 Municipalities in Ocean County. Not only is the municipal tax rate the lowest, but Plumsted residents pay the lowest amount in tax dollars for the operations and services of their local government than anywhere else in the County. With no reduction in services, the 2004 Budget continues to provide funding for 24/7 local Police protection; farm and woodland preservation; recreation programs and facilities; economic development; and road improvements, to list just a few of the major appropriation funding line items.

Plumsted continues to have Ocean County's lowest crime rate; the lowest tax rate; the lowest debt; and the highest number of acres preserved from future residential development. Additionally, our School system is recognized as one of the best in both the County and State. These factors have helped to make owning a home in Plumsted not only a great investment, but a great place to live and raise a family. The real estate market in Plumsted is proof positive.

In 2004, Plumsted Township residents may have the smallest property tax bill increase in nearly 10 years. Not since 1995 have property taxpayers in Plumsted paid a one (1) per cent or less increase in total taxes, which is the projected amount in 2004. The Township Committee's local government portion of your total property tax bill is only one component. The total amount of property taxes to be paid is determined by the other taxing entities: the School; County; and Fire District. This year, 2004, the County has announced the largest tax rate reduction in history, which is 5 points on the tax rate. The County tax rate reduction will nearly offset the modest 5 1/2 point School proposed increase and the Fire District Budget has a slight reduction.

With the voter's approval of the School budget on April 20th, Plumsted residents will have an estimated one (1) per cent increase (or less) in total property taxes. For example, if a resident has a $3,000 annual total property tax bill, a one (1) per cent increase is $30 for the year; and the increase on a $4,000 tax bill is $40 for the year, etc. This would be the smallest increase in nearly 10 years and well below the inflation or cost of living index.

For more information on the Municipal budget or your property taxes, please feel free to contact Mayor Ron Dancer:
609-758-2241 ext.102 Township / 758-3497 Home / rondancer@ushwy1.com

Plumsted Township Committee: Ron Dancer, Mayor
Joe Przywara, Deputy Mayor
Ken Francis, Committeeman
Ada Roberts, Committeewoman
Bonnie Quesnel, Committeewoman


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