Yesterday I received a 2010 municipal budget update from our township CFO. It isn't pretty. After two months, the Township Committee still has a long way to go, as the current tax increase is a whopping 9%! And this is BEFORE a possible state aid cut. In order to get within the state mandated tax levy cap of 4%, the committee still needs to shed $520K in spending. Why is all this proving so difficult for a bunch of self described fiscal conservatives?
Also, why isn’t this update posted on the township website?