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Bergen County 2014 Budget

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Bergen County 2014 Budget – Online

We thought it could be instructive to review the Bergen County Budget which is $507 million + for fiscal 2014.

What are the county’s largest capital expenses? Keep in mind  these costs are for projects with a projected completion of 2014-2019. If the projects miss the deadline, costs will increase.

Roads and bridges $88,125,000

Improvements to county buildings $13,937,450

Improvements to vocational schools $11,655,000

Improvements to county parks $11,598,500

Acquisition of equipment $30,183,250

Improvements to county college $8,625,000

Justice Center improvements $41,031,000

Hospital improvements $17,100,000

Total funding capital expenses $222,255,200

Where else does our tax money go? Additional expenses include:

Bergen County Debt Service (interest payments for previous expenses) is $67,566,670

Operations $401,601,228.66

Capital improvement $1,476,068

Deferred charges and statutory expenses (i.e. pension plan payments) $37,034,173

Total Appropriations 2014 – $507,678,139.66

Here’s the link to the document –

https://www.co.bergen.nj.us/DocumentCenter/View/2625

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Bergen County freeholders roll out 2014 county budget with no tax increase

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Bergen County freeholders roll out 2014 county budget with no tax increase

MAY 1, 2014, 8:37 PM    LAST UPDATED: THURSDAY, MAY 1, 2014, 9:45 PM
BY JOHN C. ENSSLIN
STAFF WRITER
THE RECORD

The Bergen County freeholders unveiled a 2014 budget Thursday that would result in no increase to the county tax rate and would trim $6.8 million from County Executive Kathleen Donovan’s proposal.

The final budget, to be introduced by the board on Wednesday, calls for nearly $504 million in spending. Besides the $6.8 million in cuts, it includes an additional $712,900 in anticipated revenue compared with Donovan’s proposal.

The plan would result in a $117,077 reduction in the county’s overall tax levy, meaning that the average homeowner’s tax bill would remain close to flat.

“It would be disingenuous to say it’s a lot of money,” said Freeholder Chairman David Ganz, chairman of the board’s budget committee and the longest-serving current freeholder.

But Ganz said the total cuts are about 10 times greater than the average amount the freeholders have imposed during his 12 years on the board.

“We all think as taxpayers that we’re paying too much,” Ganz said. By keeping the tax rate close to flat, he said, the budget will provide some relief.

“It’s a small amount, but it’s a start,” he added

– See more at: https://www.northjersey.com/news/bergen-county-freeholders-roll-out-2014-county-budget-with-no-tax-increase-1.1007221#sthash.HyysbCXy.dpuf