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.
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