the staff of The Ridgewood Blog
Ridgewood NJ, Ridgewood Village Council members, along with Village Manager Heather Mailander and Village CFO Robert Rooney, are very hard at work trying to slash department head submitted 2023 capital and operating expense requests in order to achieve a municipal tax increase of no higher than 4%.
The Council’s first attack on proposed 2023 expenditures, undertaken in recent weeks, produced a budget that would have resulted in a municipal tax hike of 10%. CFO Rooney then took his own look at the numbers, and cut enough out to bring the proposed increase down to 6%. Completely dissatisfied with that number, the Council directed the Village Manager and CFO to work jointly at eliminating department asks in order to reach 3.96%. Some Village Council members indicated that they would not be satisfied until the proposed tax hike was below 3%.
Village Manager Heather Mailander cautioned everyone that staff layoffs MIGHT be necessary to achieve a 3.96% increase, and DEFINITELY would be required in order to reach the under 3% goal.
An additional Budget Meeting is scheduled to take place on March 6. The Ridgewood Blog will keep you updated on developments regarding this issue.
P.S.: The loss of over $2.5 million in Federal COVID relief funding is a driving factor in this year’s budget process. Additionally, employer paid for health care premiums have skyrocketed since last year.
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