Colts Neck officials adopt $13.6 million municipal budget for 2021
COLTS NECK – The members of the Township Committee have adopted a 2021 municipal budget that totals $13.67 million and will be supported by the collection of $8.28 million in taxes from Colts Neck’s residential and commercial property owners.
Officials will appropriate $2.4 million from Colts Neck’s surplus fund (savings) to be used as revenue in the budget and expect to receive $1.98 million in state aid.
The 2021 budget was unanimously adopted by committee members on April 28.
In 2020, Colts Neck’s adopted budget totaled $12.47 million and the local tax levy was $7.8 million. Officials appropriated $1.6 million from surplus and received $1.98 million in state aid.
Colts Neck Township Committee introduces $14 million budget
Colts Neck Township Committee introduces $14 million budget
COLTS NECK – The members of the Township Committee have introduced a 2021 municipal budget totaling $14 million that will be supported by the collection of $8.28 million in taxes from Colts Neck’s residential and commercial property owners.
Other revenue in the budget includes the appropriation of $2.4 million from the township’s surplus fund (savings) and the receipt of $1.98 million in state aid.
The budget was introduced on March 31 and a public hearing has been scheduled for April 28. During the public hearing, residents may comment on the budget. The Township Committee may adopt the budget that evening.
Colts Neck Township Joins the New Jersey Purchasing Group by BidNet Direct
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Colts Neck Township announced it has joined BidNet Direct’s New Jersey Purchasing Group and will be publishing and distributing upcoming bid opportunities on the system.
Colts Neck Township joins the New Jersey Purchasing Group by BidNet Direct
Our vendors can now save time and paper. They not only have direct access to our open bids, but those from other agencies throughout the state and can submit bids electronically. COLTS NECK, N.J. (PRWEB) February 16, 2021 Colts Neck Township announced it has joined BidNet Direct’s New Jersey Purchasing Group and will be publishing and distributing upcoming bid opportunities on the system. BidNet’s New Jersey Purchasing Group connects participating agencies from across New Jersey to a large vendor pool and streamlines the bid and vendor management process. BidNet’s New Jersey
Viola elected to serve as Colts Neck mayor for 2021; Buss joins governing body
COLTS NECK – Township Committeeman Michael Viola will serve as Colts Neck’s mayor for 2021 following his election to that one-year position during the Jan. 2 reorganization meeting of the governing body.
In Colts Neck’s form of government, residents do not directly elect a mayor. Each January, the Township Committee members select one person on the governing body to serve as mayor for the year.
As the reorganization meeting began, Viola and Tara Torchia Buss were sworn in to begin serving three-year terms. Viola is starting his second term and Buss is starting her first term on the governing body.