Those last three projects also include federal, state and private grants. In addition to purchase of equipment, such as dump trucks, the capital projects fund also plans to use $515,000 for sidewalks on Swartswood Road, $375,000 in the emergency dispatch center, and $825,000 for a boardwalk between Memory Park and the state-owned rail-to-trail on the other side of the marsh which borders the park. Capital projects in NewtonĬapital projects, paid directly from the budget and through bonding, will amount to $5.4 million in 2023, led by $2 million in renovations and repairs at Fire Station #1 on Mill Street, $140,000 for upgrades to the roller hockey rink in Memory Park and $76,000 toward repairs and upgrades to the "kiddie pool" at the municipal pool complex, also in Memory Park.
In 2022, employee costs were more than 62% of the budget. Total state aid will be slightly more as a dollar amount this year at $1,086,018, compared with $1,025,916 from Trenton last year, however.Īs with most municipal budgets, salaries, wages and benefits, totaling nearly $9.5 million, constitute 58% of this budget. The amount of state aid, as a percentage of the town's total budget, will be just 6.61% in 2023, continuing the decline in each year from the 8.18% of 2017. The remaining $1,727,655 is available to be used, if needed, in this year's budget as well.įor subscribers These scams targeting seniors run rampant in NJ. The 2022 budget ended with a $3,778,446 surplus of which $2,050,791 was factored into this year's spending package. In 2021 there was a fund balance of $2,922,773 of which $1,425,200 was used in the 2022 budget. Miebach, are able to use the last year's budget surplus to keep the tax rate down. Russo said he and the financial team, headed by Chief Financial Officer Monica B. From 2004 to 2010, the annual increase was in three figures, topping out at $298 in 2008. Since 2011, the town's annual tax increase has been less than $100 and in 2019, there was no tax increase. The budget message, presented at Monday's council meeting, said there has been growth in new developments in Newton and the town's Net Valuation Taxable − the amount of property which actually pays taxes − saw its biggest increase in more than seven years while the average property assessment also rose from the 2022 level of $185,293 to this year's level of $185,638. He said the average residential tax bill for Newton taxes will rise from $2,838 paid in 2022, to $2,899 this year. Russo's budget message sounded an initially dour outlook on finances, the general town budget of $16,382,302 contains a town tax increase of just $5 per month. Finally, GWES provided general assistance to NCWSA in preparation and submittal of an operating permit application for the facility.NEWTON − The Town Council approved three ordinances establishing a town budget for this year, as well as capital budgets for general town projects and one for the sewer and water department projects. GWES reviewed the existing generator, reviewed anticipated electrical loads at the lift station, discussed with NCWSA staff regarding desires and preferences, sizing of a replacement generator, and assisted with selection of a replacement generator. GWES then prepared a technical memorandum that documented findings and developed a budget level estimate for suggested improvements. GWES reviewed the April 2014 assessment memorandum, recent permit correspondence, and visited the treatment facility and lift station sites to document any changes in condition. Newton County Water & Sewerage Authority (NCWSA) requested engineering services to perform a review of the Brick Store Utility pumping and treatment system assessment completed in 2014. Brick Store Utility Wastewater Treatment Facility – Assessment and Permit Assistance | Newton County Water & Sewerage AuthorityĭATE OF SERVICES: June 2016 – October 2016ĭeveloped Technical Memo and Budget Estimates
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