By JOHN T. WARD

Red Bank’s property tax won’t rise as much as expected this year.

Councilman Mike DuPont, chair of the council’s finance committee, says a penny has been trimmed from the increase anticipated as recently as two weeks ago.

That means the owner of a residential property assessed at the borough-average $401,000 will pay 1.4 cents more per $100 of value than last year, or a full-year increase of $56.50, DuPont said following the formal introduction of the $20.8 million spending plan Wednesday night.

May 10, 2012 - 12:00 pm |

BOROUGH ARBORIST AXED

Arborist Mike Olimpi oversaw the installation of 15 baby trees on White Street in April, 2007.

By JORDAN DeVESTY

The budget axe has fallen on Red Bank’s arborist, who oversaw the planting of some 400 new trees throughout town in recent years.

In a move that Mayor Pasquale Menna said will save the borough about $20,000 a year, the position was eliminated, and so its holder, Mike Olimpi, is out.

The termination was vaguely alluded to at Monday night’s borough council meeting, when Menna gave Olimpi a certificate of appreciation without immediately making clear that Olimpi was leaving the borough payroll.

Afterward, Menna cited shrinking tax and grant receipts as the reason.

“When revenue is down, everything can’t be provided, and unfortunately we don’t have the kind of funding for an arborist as we once did,” he told redbankgreen.

October 14, 2009 - 6:37 am |

Red Bank Green

Serving Red Bank and Greater Red Bank, NJ

BOROUGH TRIMS A PENNY FROM LOCAL RATE

BOROUGH ARBORIST AXED