>Ridgewood municipal taxes will increase anywhere between 5.2 and 7.4 percent
Ridgewood budget hearings come to a close
Friday, April 8, 2011
BY MICHAEL SEDON
THE RIDGEWOOD NEWS
Staff Writer
Ridgewood municipal taxes will increase anywhere between 5.2 and 7.4 percent based on the outcome of meetings with village department heads and four scenarios crafted by the village manager.
“Introduction does not mean in any way that the budget process is over,” said Village Manager Ken Gabbert. “It’s introducing it, starting the discussion process, hold a public hearing and it will be adopted at some point down the road.”
All four scenarios include tax increases higher than 2 percent, the state mandated cap on tax increases passed by the state Legislature last year. The law allows for three big ticket items to be excluded from the cap: health benefits, pensions and deferred charges and emergencies, Gabbert explained.
https://www.northjersey.com/news/119495389_Ridgewood_budget_hearings_come_to_a_close.html
