Aberdeen officials pass $22m city budget for 2022
ABERDEEN — Members of Aberdeen Township City Council have passed a $22.03 million municipal budget for 2022.
At a May 5 meeting, Mayor Fred Tagliarini, Deputy Mayor Concetta B. Kelley, Councilor Greg Cannon, Councilor Arthur Hirsch, Councilor Joseph J. Martucci, Councilor Margaret Montone, and Councilor Robert Swindle voted “yes” on a motion to adopt the budget.
The 2022 budget will be supported by the collection of $12.74 million in taxes from residential and business owners in the township. Budget documents indicate that $11.88 million will directly support the municipal budget and the remaining $860,000 will support the local library.
City officials said $1.25 million will be taken from the township’s surplus (savings) fund to be used as revenue in the budget and $8.04 million in revenue from other sources will fund the balance of the budget.
In 2021, the municipal budget also totaled $22.03 million. A local tax of $12.94 million was collected from residential and commercial landlords in the township.
Of that total tax levy a year ago, $12.13 million supported the municipal budget and $816,000 supported the library. Officials appropriated $1.23 million of the surplus to use as revenue, and $7.86 million in revenue from other sources funded the balance of the budget.
From 2021 to 2022, the total budget appropriations remained the same and the tax levy decreased by $200,000.
City officials did not respond to requests from the Independent for information about Aberdeen Township’s municipal tax rate for 2022, the average home valuation in the township or the impact of the 2022 budget. on an owner’s municipal taxes.
Municipal taxes are a component of a property owner’s tax bill, which also includes Monmouth County taxes and Matawan-Aberdeen Regional School District taxes.
The total amount of taxes an individual pays is determined by the assessed value of their home and/or property, and the tax rate set by each taxing entity.
Selected appropriations in the 2022 Municipal Budget for the Township of Aberdeen include the following items: Police Patrol Salaries and Wages, $5.07 million; employee group insurance, $1.80 million; payment to the Police and Fireman’s Retirement System of New Jersey, $1.41 million; payment of the principal of the bond, $1.63 million; bond interest, $948,625; wages and salaries for road repairs, $924,561; Safe and Secure Communities Salaries and Wages (matching share), $601,666; payment to the Public Employees Retirement System, $505,856; capital improvement fund, $490,000; parks and playgrounds wages and salaries, $389,278; salaries and wages of construction managers, $382,066; payment to the social security system, $360,000; salaries and wages for legal services, $289,600; and recreation salaries and wages, $254,740.
These 14 items total approximately $15 million and represent approximately 69% of the total budget of $22.03 million.