Burlington County clerk Timothy D. Tyler reported that revenues generated through his office have already exceeded the total for all of 2012, which he said, translates into good news about the local economy as well as for local taxpayers.
“Increased revenue means more funds in the county coffers,” Tyler said, “and at the end of the year, those additional
dollars can be parlayed into tax savings in the County’s 2014 budget.”
“Over the last six years, freeholders have managed to survive the recession, and a very slow recovery, without increasing county property taxes,” Tyler said.
At the end of the third quarter, the clerk had collected nearly $5.5 million in document recording and other services’ fees or $200,000 more than generated in all of 2012.
“When you do the math, we are on track to generate more than $9 million this year, or $2 million more than 2012,” Tyler said. “That’s serious good news for everyone who is looking for evidence that our economy is back on track.”
Tyler noted that real estate document recording and transfer revenues collected by his office are related not just to the number of transactions, but also the value of the properties being bought and sold.
To view the entire revenue report, go to the clerk’s webpage at www.co.burlington.nj.us/clerk and click on the “compilations” link.
Tyler has been posting monthly revenue reports since taking office in 2009 as part of the county’s transparency pledge to make more information more readily available to the public.
