Wednesday, May 20, 2020

Lakewood Township Increase Municipal Taxes for second year in a Row Hearing Tomorrow

Tomorrow May 21 the Lakewood Township committee will hold a public  hearing to adopt and vote on the budget for 2020. There will be a tax increase on the municipal portion for the second year in a row.  Tax rate for 2020 is 0.658, last year it was at 0.64  per $100 of assessed value.
This comes after the BOE also raised taxes last week the average Lakewood resident will be paying $300-$500 annually. Officials always give the average home in Ocean county but not of Lakewood.
The Hearing will take place Thursday 5:30 pm at the beginning of the scheduled township meeting watch live stream HERE
Comments may be submitted to comments@lakewoodnj.gov during the meeting. Please include your name and address for the record.


2020 ESTIMATED TAX RATE
2020 Ratable Total - $10,302,258,900
Amount to be Raised by Taxation:               Tax Rate:
LOCAL                   $67,812,605.00            0.658 (Estimated Local Levy)
SCHOOL                $107,000,000.00          1.039 (Estimated School Levy)
COUNTY               $46,500,000.00             0.451 (Estimated County Levy)
FIRE DISTRICT    $6,861,867.00               0.067 (Actual Fire District Levy)
TOTALS                 $228,174,472.00
Estimated Rate: 2.215






5 comments:

  1. No! Absolutely not! If u hadn’t given township grants to the BOE to cover extras MAYBE I would believe we need it! NO RAISING TAXES!

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  2. This is disgusting from our elected leaders they have no one to blame but themselves they have been there at the wheel for too long it is their fault. They should all be voted out. Especially during a crisis like this they have no shame.

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  3. Also the Lakewood VAAD is also responsible for these tax increases on the poor citizens of Lakewood they own the politicians they set the policy they put them in office and control them. The prophet Amom spoke about these times.

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    Replies
    1. Let the Vaad members start paying taxes on their own homes And everything would change quickly.

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