Tuesday, May 8, 2012
A Skype presentation nets $5,000 and commissioners officially approve the 2012 budget.
It wasn’t all LumberYard talk at the May 7 borough commissioners meeting. Here are five things that happened as well: 1. The meeting went high-tech as an executive from Reader’s Digest Skyped in to present Collingswood with $5,000 from the magazine’s We Hear You, America contest. Reader’s Digest’s Gary Davis said Collingswood “set the pace” with its innovative plan to involve restaurants in vote-generating evenings. Collingswood took 16th place in the contest, and will use the funds for public art at Knight Park. The borough will hold a competition to select the pieces for installation in the park. 2. Commissioners adopted Collingswood’s 2012 budget and immediately voted to amend it. The total budget doesn’t change, but the state requested…
Wednesday, April 4, 2012
Patch takes a more in-depth look at the Collingswood 2012 municipal budget approved Monday.
A closer look at the 2012 Collingswood municipal budget upholds claims by borough leadership that the significant cutbacks over the past several years are starting to drive real savings in town. Although 2012 taxes are up slightly year-over-year—about $20 per household on a property valued at the borough average of $233,000—Collingswood is appropriating fewer dollars overall. The 2012 municipal budget weighs in at $15.03 million, down 5 percent ($756,000) from a 2011 budget that totaled $15.79 million. Total municipal debt service was up more than 3 percent annually, from $2.564 million in 2011 to $2.646 million in 2012. “Other expenses” including contingency funds, were up 9 percent, or $416,000 ($4.402 million in 2011 as compared with $4…
Tuesday, April 3, 2012
The average household will see a $20 increase in local property taxes for 2012 as the borough moves to complete some much-needed infrastructure projects.
After extending the deadline for its public presentation, the borough of Collingswood introduced and approved its 2012 municipal budget at the Monday meeting of borough commissioners—and taxes are going up. The average household will see an approximate increase of $20, or 0.7¢ per $100 of assessed property value, in 2012-13. That figure is calculated based on a home valued at $233,000, the borough average. The actual amount levied will increase from 87.9¢ per $100 of assessed property value in 2011 to 88.6¢ per $100 of assessed property value. To maintain the same level of services borough residents have come to expect, Collingswood has enacted a variety of cost-cutting measures in recent years, including the layoffs of some 26 full-time …
Tuesday, March 6, 2012
Borough commissioners appropriated $40,000 for capital repairs, but deferred budget talk for the 2012 fiscal year until their April 2 meeting.
Any formal analysis of the borough fiscal plan for the upcoming year will have to wait until April 2. Collingswood commissioners will not announce their budget plans for 2012-13 until that time. Meanwhile, the borough appropriated $40,000 from its general capital fund for repairs to the roof of the municipal court ($25,000) and municipal building ($15,000). Commissioners also announced a $3,000 green communities grant from the New Jersey Department of Environmental Protection, which will be used for beautification and upkeep of the town. Absent of much discussion during the public comment period, the meeting adjourned after less than an hour.
Thursday, February 23, 2012
With state aid figures in hand, Collingswood officials can begin finalizing a budget draft.
Collingswood—like most towns statewide—won’t see an increase in municipal state aid in the coming year. But, on the positive side, the borough’s aid won’t be cut under Gov. Chris Christie’s proposed budget. Collingswood will receive $1,195,418 in state aid this year, the same amount to the dollar the town received for the past two years. Borough officials are putting together the town budget, and Mayor James Maley declined to comment further until the budget is drafted. Towns must introduce the budget by March 9 and adopt it no later than April 20. On Wednesday night, Christie delivered a budget address to state legislators. "We have established a new normal. In the new normal we will shape the budget to make it more sustainable each year…
Wednesday, May 25, 2011
During Tuesday's special budget meeting, commissioners said the $150 tax increase will be reduced to $78.
While no action was taken during Tuesday afternoon's special budget meeting, Mayor James Maley said the municipal budget's original $150 annual property tax increase will be reduced to $78 per year. The amended $78 average applies to the borough's average assessed home value of $232,566. "We could not take action today (Tuesday), because the state reviewer who was supposed to look at our (budget) amendment has been out sick," said Maley. "But we've been told it will be reviewed by the end of this week, and we'll have another special meeting on Friday." The new meeting, said Maley, will take place at 3 p.m. this Friday, May 27. "(On Friday), we'll formally introduce the (tax reduction) amendment," said Maley. "And the public hearing on that…