TOMS RIVER - There s good news for township taxpayers in this year s municipal budget: no tax increase is planned.
The $135 million budget the Township Council unanimously introduced Tuesday evening keeps the tax rate stable at 67.6 cents per $100 of assessed property value.
A homeowner with a house assessed at Toms River s average $276,854 would pay $1,872 in annual property taxes to fund the municipal portion of the budget.
About 27% of a property owner s annual tax bill goes to fund municipal services, including police protection, code enforcement and trash collection, according to township Administrator Louis Amoruso.
Taxpayers will contribute $88,122,128, or about 65% of the revenue necessary for township operations.