Payments In Lieu Of Taxes (PILOT) are anticipated to account for $1.385 million in the 2020 municipal budget.
Tag Archives: taxes
City Council scheduled to vote on 2020 budget
City Council introduced a $56.7-million budget for 2020 that projects an average tax increase of $49, or about 1.37 percent.
Continue reading City Council scheduled to vote on 2020 budget
Abstract of ratables, 2019
The city’s overall assessed value was up slightly, about 0.21 percent, or more than $3 million, from 2018 to 2019.
Inside the SID lawsuit dismissal
A Union County judge denied a motion on June 12 to enforce a settlement and reconsider a dismissal, officially ending the case that began in 2015 to stop the expansion of a Special Improvement District (SID).
PILOTs in the 2019 budget
Revenue from Payments In Lieu Of Taxes (PILOT) is projected to reach almost $1.4 million in this year’s municipal budget while foreclosure registry fees are expected to jump by more than 50 percent.
Proposed budget would hike average taxes $49
Municipal taxes on the average assessed home would rise about $49 under a proposed budget to be introduced next week.
Continue reading Proposed budget would hike average taxes $49
City Council approves new 6-year PBA contract
City Council approved a new six-year contract through 2023 with Patrolman’s Benevolent Association (PBA) Local 31, representing officers in the Rahway Police Department.
Continue reading City Council approves new 6-year PBA contract
Tax appeals approved for three properties
City Council approved refunds of more than $40,000 to three separate properties covering multiple tax years as a result of successful tax judgments in the Tax Court of New Jersey.