By ROBERT LINNEHAN | The Cherry Hill Sun
Residents will likely be seeing their tax bills going down this upcoming winter and spring, said Mayor Bernie Platt, as the township council accepted the first introduction of the 2010 municipal budget. Because of prior cuts and reductions in spending, Platt reported that the tax rate in Cherry Hill could be reduced.
The average taxpayer in the township with a $140,000 home could see a decrease in their winter and spring tax bills by about $52, Platt said. The tax rate could decrease by about 3 cents, from 85 to 82 cents per every $100 of assessed property value.
“Tonight, I will introduce our budget blueprint to town council. This outline shows a significant reduction in spending and a reduction in the tax rate. My administration has made sure Cherry Hill remains the best place to live at the lowest possible cost,” Platt said. “These budget measures were made with a steady hand and clear head. They were made through a variety of innovative ideas and a combination of cuts.”
The tax rate will keep Cherry Hill as the municipality with the lowest rate in Camden County, Platt said.
The tax cut, Platt said, was made possible by some difficult decisions the township council and his administration had to make dating back to last year. Township departments were consolidated, premium sharing for medical benefits throughout the union ranks were implemented, and layoffs were made to limit costs.
See this week’s print edition of The Sun for the full story.
