Municipal Taxes Increase About $50 for Little Silver Taxpayers in 2013

The Little Silver Borough Council introduced a tentative budget for 2013 that will raise about $6.6 million through property taxes.

Little Silver introduced its municipal budget for 2013 and while there are a lot of variables -- like tax rates and the borough's current revaluation -- to consider, the bottom line is that tax bills should increase about $150 annually for the owner of the average-assessed $500,000 home in town. The borough will raise about $6.6 million of the approximately $12 million general budget through property taxes and another $5.45 million through anticipated revenue other than property taxes, according to Laura Geraghty, Little Silver's chief financial officer, at the March 18 council meeting. Councilman Don Galante explained that the $150 increase would include the entire tax bill -- including local and regional schools, county and open space…

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Hurricane Sandy

Tax Assistance Events for Sandy-Affected Areas

The free events are designed help individuals and businesses prepare their 2012 tax returns.

The State's Treasury Department's Division of Taxation has organized a number of tax assistance outreach events throughout February and March in towns affected by Hurricane Sandy, Gov. Chris Christie's office announced Thursday.  The events, scheduled during the height of tax season, are being held in towns that suffered heavy damage during Sandy as well as adjacent municipalities. The events will be located at libraries or other public buildings. The events are scattered throughout Monmouth, Ocean and Bergen Counties. The tax assistance events are free and residents can register online by visiting https://www.state.nj.us/treas/taxation/contactus_tytstormsandyrelief.shtml.. Residents can also email outreach.tax@treas.state.nj.us or call …

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Who Pays the Most Taxes in New Jersey?

Oceanport's average tax bill percentage increase in 2012 was well below the state's average; Little Silver's was almost double.

Tale of 2 Tax Bills: Little Silver, Oceanport Growth Compared to State Average

Oceanport's average tax bill percentage increase was well below the state's average; Little Silver's was almost double.

The average Oceanport and Little Silver taxpayer pays more in property taxes than the statewide average, but Oceanport's average tax bill percentage increase was well below the state's average in 2012. In contrast, the average Little Silver taxpayer's bill increase was almost double the statewide average. The data is contained within a Star Ledger analysis that looked at the average bills in all 566 municipalities in the state in 2012, two years after the Legislature and Gov. Chris Christie enacted a hard 2 percent cap on local budget growth. Oceanport had an average $9,221.06 tax bill in 2012, as compared to the $7,870.28 state average. However, the analysis found that the statewide average growth over 2011 was 1.7, with Oceanport's …

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Hazel Kelly

4:05 pm on Tuesday, January 29, 2013

Well, my husband and i are retired and are worrying about whether we will be able to afford to stay here in Little Silver after the reassessment. I have lived in the town since 1972 and it makes me sad   more ›

Gov. Christie in Manasquan at 3 p.m. Today

Inlet first stop on 'Endless Summer Tax Relief Tour'

Gov. Chris Christie, who for months has been touting his income tax relief proposal for all New Jerseyans, will make an appearance Monday in Manasquan to do just that.  Christie is scheduled to speak at 3 p.m. at the Pavilion at the Manasquan Inlet, 431 Beach Front, for the first stop in what's being called the governor's "Endless Summer Tax Relief Tour: A Conversation at the Jersey Shore."  "(Christie) will call for Corzine Democrats to stop holding tax relief hostage and urge the legislature to continue the New Jersey Comeback and provide bipartisan leadership by delivering tax relief to our citizens, making our state more competitive and allowing us to put more New Jerseyans back to work," according to a release from the governor's …

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Revaluation Coming in Little Silver

The phrase is enough to make little hairs on the back of a homeowner’s neck stand on end – a revaluation is coming this year.

Oceanport Increases Tax Rate by Less Than a Penny

The borough will not have to cut back services, Councilman Joseph A. Irace says.

The Oceanport Borough Council adopted a budget Thursday night that will mean an increase in the municipal tax rate of less than one cent. The budget will mean an increase in muncipal taxes of 1.9 percent, compared to the current fiscal year, Councilman Joseph A. Irace said during the public hearing that preceded the adoption. Irace chaired the committee that prepared the budget. For example, the assessed value of the average home in Oceanport is now $450,000, said Irace, who chairs the council's finance committee. The taxes on that house would increase under the proposed budget by $40.50 this year, to $2,286. Per month, the tax increase is only $3.37, Irace said. The budget, which will raise $6.96 million, will mean no cut in services for …

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