AVON-BY-THE-SEA — The Avon Board of Commissioners approved a $6 million municipal budget for fiscal 2023 on Monday night.
Chief Financial Officer John Antonides and auditor Rich Hellenbrecht presented the budget and announced that total appropriations equate to $6,062,234. The total amount to be raised through property taxes is $4,128,504, an increase of $86,443 over last year.
The balance will come from $1,200,000 in budget surplus; state aid, grants and local fees, and $50,000 from the collection of delinquent taxes.
The municipal tax rate remains essentially unchanged at $0.2630 per $100 of assessed value. However, the average annual assessment for Avon has risen by $4,176, to $1,297,255, Commissioner Robert Mahon said.
According to Borough Administrator Kerry McGuigan, the local tax rate is flat, however due to the increase in the library tax, the increase on a house assessed $1,000,000 would be $1.35.
According to Mr. Antonides, the new budget reflects an increase of more than 20 percent in state health benefits and a 15 percent increase in pension costs. Mr. Hellenbrecht noted the impact of inflation as well.
“In presenting this budget, we believe that it represents a concerted effort by the borough to continue to provide the services that our community deserves, while, at the same time, reflecting a reasonable cost for these services,” Commissioner Mahon said.
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