On February 25, 2008 the district proposed a tax increase that would cost the average township property owner an additional $187.50 in property taxes during the 2008-2009 school year. If the budget is approved, Robbinsville voters will be asked to approve $32 million for general appropriations at the school budget elections in April. This amount is up from the $30.5 million the district appropriated for spending in 2007-2008.

The proposed budget would result in a tax rate of $1.22 per $100 of assessed property value, a 5% increase as compared to the 2007-2008 school tax rate. It’s estimates that the increase would cost the average homeowner $187.50 in property taxes per year.

Read more at The Times

Related posts:

1. School Board Approves $32M Budget for 2008-2009
2. Township Seeks $17 Million 2008 Budget
3. Township Seeks to Buy 52 Acres for $2.2 Million
4. Robbinsville Voters Reject New School Referendum
5. Robbinsville Preserves 153 Acres for Nearly $9 Million