Plumsted Township 2020 Budget Presentation 2020 BUDGET WAS
Plumsted Township 2020 Budget Presentation
2020 BUDGET WAS INTRODUCED AT THE 3/12/20 MEETING ØPublic Hearing 4/22/20 7: 00 PM - Municipal Building, 121 Evergreen Road (Check the website for information on remote participation) ØBudget Information Posted on Township website – Plumsted. org
Budget Overview v 2020 - $4, 200, 746* v 2019 - $3, 803, 353** v 2018 - $3, 897, 961 v 2017 - $3, 503, 280 v 2016 - $3, 407, 700 v 2015 - $3, 578, 587 4 500 000 4 000 3 500 000 3 000 2 500 000 2 000 1 500 000 1 000 500 000 *To be amended-$4, 210, 746 **Modified to $4, 180, 458 0 2015 2016 2017 BUDGET 2018 2019 2020
v 2020 $1, 726, 874* v 2019 - $1, 628, 156 v 2018 - $1, 471, 139 v 2017 - $1, 439, 289 v 2016 - $1, 389, 884 v 2015 - $1, 348, 139 Salaries 2000000 1800000 1600000 1400000 1200000 *To be amended$1, 736, 874 1000000 800000 600000 400000 200000 0 2015 2016 2017 Salaries 2018 2019 2020
Total Operating Expenses v 2020 - $1, 692, 609* v 2019 - $1, 462, 404 v 2018 - $1, 212, 805 v 2017 - $1, 446, 024 v 2016 - $1, 416, 937 v 2015 - $1, 452, 530 1800000 1600000 1400000 1200000 1000000 800000 *Increases: Police Pension, Health Insurance, Debt Service, Engineering & Legal 600000 400000 200000 0 2015 2016 Total Operating Expenses 2017 2018 2019 2020
2020 HOMEOWNER IMPACT v. 016 cent increase in the tax rate OR $45. 61 for the average homeowner v (. 017 cent increase in the tax rate OR $47. 89 for the average homeowner) v. Total 2020 municipal tax rate is $0. 283 (to be amended to $. 284)
Plumsted Average Home 2019 $281, 500 2020 $281, 700
Township Net Valuation Ratable Base 2019 2020 $787, 583, 100 $793, 411, 800 An increase of $5, 828, 700
Value of $0. 01 of tax rate v 2020 v 2019 v 2018 v 2017 v 2016 v 2015 $79, 341 $78, 458 $78, 549 $78, 439 $78, 370 $78, 336
2020 Estimated Total Tax Bill 158, 682 1, 825, 491 School County Township Fire Open Space 2, 244, 950 3, 686, 669 12, 764, 497 School County Township Fire Open Space Total % of Total 61. 75 17. 82 10. 85 8. 82 0. 76 100. 00 Tax $12, 764, 497 $ 3, 686, 669 $2, 244, 950 ($2, 254, 950) $ 1, 825, 491 $ 158, 682 $20, 680, 289
2020 Estimated Average Homeowner Tax Bill School County Township Fire Open Space Total % of Total 61. 76 17. 91 10. 74 8. 83 0. 76 100. 00 County Township Fire Open Space Estimated Tax Rate Estimated Tax 1. 6275 $4, 584. 66. 472 $1, 329. 62. 283(. 284) $797. 21($800. 03). 2325 $ 655. 12. 02 $ 56. 34 2. 635 $7, 422. 95
Plumsted Township 2020 Budget Presentation Questions or Comments
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