MANASQUAN — The borough council on Monday introduced a 2022 municipal spending budget of $12,264,184, an increase of $338,277 over last year.
A public hearing and possible adoption of the budget is set for 7 p.m., Monday, June 13 at borough hall.
The amount to be raised by taxes is $7,838,190, an increase of $169,993. The new municipal tax rate would be 0.385 per $100 of assessed value, an increase of 0.006 over last year.
For a home assessed at the borough’s average, $643,703, that would result in an annual municipal tax bill of $2,478, an increase of $76. The average residential assessment in the borough rose $9,857 over the past year.
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