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Middle Adopts $27.6M Budget for 2024

Middle Adopts $27.6M Budget for 2024

By Vince Conti

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COURT HOUSE – The Middle Township Committee has adopted a $27.6 million budget for 2024 that calls for a tax rate increase of $0.029.

The new local purpose tax rate of $0.595 per $100 of assessed value, a 5.16% increase over last year, means a home assessed at $275,000 will see an increase in the local tax of $80.39 annually. The local purpose tax represents about 29% of the estimated total tax bill for that $275,000 property. The remaining portions of the tax bill are accounted for by the school district tax, county tax and fire district tax.

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