By ROBERT LINNEHAN | The Haddonfield Sun
Borough taxpayers can expect their tax bills to increase as the commissioners approved the 2010 budget on first reading last night. The document includes a near 3-cent increase to the local tax rate.
Commissioner Jeff Kasko explained that spending was being held in check at the municipal level — this year’s budget was only half a percent higher than 2009’s — but the state’s decision to cut municipal aid and increase mandated costs forced the tax rate increase.
The tax rate was bumped up to 42.39 cents per every $100 of assessed property value, an increase of 2.9 cents from 2009. The average assessed home in the borough of $491,359 will see an increase of about $156 from their 2009 tax bill. The total local tax bill for the average assessed home is about $2,083.
See a future print edition of The Sun for more.