Proposed budget would cut taxes in Robbinsville
Robbinsville could make a cut to its taxes this year, according to a budget presented by its mayor to council Thursday night.
The cut, actually at .02 cents for each $100 of assessed value on a home, now goes through a council approval process before it can become official. Robbinsville residents will have a tax rate of 52.3 cents on each $100 of assessed home value. Homes valued at about $380,000 would see a drop of $76 in their taxes.
Mayor Dave Fried said the township’s PILOT deal with Amazon, which brings in more than half a million a year to the town’s more than $21 million budget, allowed them to make the tax cut.
“This is going to be one of those times we are able to bring in a big ratable and actually have it have an effect on everyone’s taxes,” he said.
You can read the fulls story here.
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