The reason behind not adopting the budget tonight after 7 months and relying on yet another temporary budget appropriation to get the township through the month of August is simple. The Township was late in it's application for approval to the State Local Finance Board, to exceed the 4% State mandated cap on it's municipal budget.
The budget that was introduced to the public back on June 23rd called for an increase in the municipal tax rate of over 13% and will need approval from the Local Finance Board before being adopted. The hearing with the local finance board is not scheduled until August 11th.
It is be up to the Local Finance Board to accept or reject Middletown's budget before it can be adopted by the Township. If it is rejected on the basis of being to excessive, then Middletown will need to go back to the drawing board and make further adjustments to it, which could lead to additional layoffs or service cuts in order to lower the propose +13% tax increase.
2 comments:
Once again the township committee has passed the buck and abdicated responsibility regarding thhe budget. They will again say that they were forced to cut the budget further by the finance committee, then turn around and say "aren't we great we cut the budget further".
No leadership, cowardly, and only deserving scorn.
Truth be known,this TC majority is incapable of responsible.effective government!
Maybe this mayor should reconsider his priorities and devote himself to his career as a college professor.He certainly is void of any aptitude for
leadership in government. Only a "yes" man.
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