Newspaper article The Record (Bergen County, NJ)

Manager Presents Proposed Teaneck Municipal Budget

Newspaper article The Record (Bergen County, NJ)

Manager Presents Proposed Teaneck Municipal Budget

Article excerpt

TEANECK - Taxes would rise slightly under a spending plan presented by Township Manager William Broughton on Thursday night, the first of several planned meetings on the 2017 municipal budget.

But council members directed him to seek out spending cuts and additional revenue to reduce the increase.

The proposed $70.4 million budget calls for a $55.6 million tax levy, which is $791,000 more than 2016. Salaries make up about half of the township's costs, with most of the expenses coming from the police, fire and public works departments.

As it stands, council members expect to introduce the budget on March 21 and adopt it on April 25. The proposed spending plan would result in a $57.02 property tax increase for a person with a home valued at $380,134, the township average. The council will meet next Thursday to discuss the budget again. …

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