RED BANK: TAXPAYER BUDGET Q&A SLATED

rb boro hall 041416taxesFor the 10th year in a row, Red Bank borough government department heads are scheduled to offer presentations on their 2016 budget proposals at a public information session scheduled for Wednesday, May 18 at at borough hall.

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RED BANK: PARKING IDEA SPUTTERS

rb white meter 112415A proposal to extend meter enforcement hours appeared to get no traction Wednesday night. (Photo by John T. Ward. Click to enlarge)

By JOHN T. WARD

taxesThe Red Bank council postponed the introduction of the first majority-Republican budget in a generation Wednesday.

Councilwoman Linda Schwabenbauer, who’s heading up the budget-writing finance committee, said she wanted more time to hear suggestions from residents and business owners on how to reduce a prospective tax increase.

But one of Schwabenbauer’s own suggestions — increasing the number of hours for which metered parking is in effect — appeared to be a non-starter.

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RED BANK: GOP DRAFT BUDGET HAS TAXES UP

schwabenbauer 010216 2Councilwoman Linda Schwabenbauer, who heads the finance committee, says there’s been a “severe” drop in revenue from last year along with an increase in expenses. (Photo by John T. Ward. Click to enlarge)

By JOHN T. WARD

taxesThe first majority-Republican Red Bank budget in a generation is set to make its debut this week, and it comes with a likely tax hike.

While officials are hopeful they can trim the increase, the draft budget shows a 5.5-percent jump in the municipal levy, or roughly $115 a year for the owner of a residential property assessed at the average $354,497, Councilwoman Linda Schwabenbauer tells redbankgreen.

One way to soften the impact, she said, is to extend the hours for which parking fees are collected.

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