Councilman Mike DuPont says the finance committee that he heads is still looking for places to cut.
Higher pension costs and an expected increase in tax delinquencies are the main drivers behind a potential increase in Red Bank's local tax rate, borough officials said last night.
They unveiled a 2009-2010 spending plan that would boost the bill on a home assessed at the average $407,000 by $134 for the year, or three-quarters of one percent.
At the same time, they said they're considering steps that could soften the impact on taxpayers, including a one-day-a-week summer furlough for borough employees.
The $19.4 million budget, does not reflect the savings estimated at $35,000 to $40,000 annually from layoffs of six part-time employees who will be let go this week, said Councilman Mike DuPont, chairman of the borough's finance committee.
"This is not the final document," said Mayor Pasquale Menna.