EDGEWATER, N.J. -- Edgewater officials will introduce a 2016 budget on Monday, March 21 that will see a slight decrease in taxes for property owners.
The $28 million spending plan is a 4.67 percent increase over 2015, but the tax levy will only increase by 1.71 percent.
The mayor and council changed health providers which will yield a 20 percent savings over the previous year.
On the typical residential property assessment of $460,245 the average amount of municipal taxes to be paid will be $3,523, a $29.00 decrease from the amount paid last year.
A public hearing on the new budget is tentatively scheduled for May 16.
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