
APRIL 23, 2015, 8:57 PM LAST UPDATED: THURSDAY, APRIL 23, 2015, 9:02 PM
BY TODD SOUTH
STAFF WRITER |
THE RECORD
HACKENSACK — Bergen County Executive James J. Tedesco presented his budget to the freeholders Thursday afternoon, showing that a combination of mandated expenses and debt coming due would mean a $17 million increase to the tax levy.
For the owner of the average home in the county, assessed at $324,000, that translates to a property tax increase of $12.73.
Tedesco illustrated that figure as the cost of two foam-topped Starbuck’s specialty coffee drinks with extra expresso shots and caramel — drinks that he placed on the freeholders’ round table.
Under Tedesco’s $531 million spending plan, the total $387 million tax levy would mean the county portion of the tax bill on an average home would be $762.28, up 1.7 percent from 2014.