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RED BANK: TAX INCREASE HELD TO ONE PERCENT

Parking revenue has been strong since the pandemic and an increase in enforcement hours, officials said. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

red bank taxesLocal taxes on the typical Red Bank home will increase by one percent this year, officials said at a walk-thru of the 2023 municipal budget Thursday night.

That’s about $25 for the owner of a home assessed at the new townwide average of $505,244, Chief Financial Officer Thomas Seaman said at the one-hour forum, held in the council chamber at borough hall.

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RED BANK: BUDGET WALK-THRU SLATED

red bank taxes

Red Bank officials are scheduled to hold an informal walk-thru of the 2023 municipal budget Thursday night.

The $25.911 million spending plan calls for $14.47 million to be raised by taxes, Chief Financial Officer Thomas Seaman told the borough council last week.

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RED BANK: BUDGET & TAX ON AGENDA

A chart used in a budget presentation last week shows a tax increase of just $5.03 for the year for the owner of a home assessed at the borough average of $469,876. (Click to enlarge.)

By JOHN T. WARD

red bank taxes

The owner of a typical Red Bank home would pay just $5 more in local property taxes under the 2022 budget up for adoption Wednesday night, according to Councilwoman Angela Mirandi.

On the flip side, the average residential valuation on which the tax will be applied is up 16 percent in the past year, said Mirandi, who heads the council’s finance committee.

 

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RED BANK: BALLARD OPPOSES SURPLUS USE

Councilman Michael Ballard in 2019. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

red bank taxesRed Bank Councilman Michael Ballard challenged his fellow Democrats on the governing body Thursday night for using unspent funds from 2020 to keep a lid on taxes.

At a special session of the council, held via Zoom, Ballard alleged the use of $3.5 million in surplus was driven by that objective.

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RED BANK: SURPLUS KEEPS TAX RATE LEVEL

A new trash contract and landfill fees increased waste removal costs by $318,000 this year, officials said. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

red bank taxes

Facing large increases in debt financing and trash costs, Red Bank officials dodged a tax rate increase thanks in part to a surplus from 2020, they said Tuesday night.

At a 45-minute information session by the borough finance committee, held via Zoom, Councilman Hazim Yassin called the outcome “phenomenal.”

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RED BANK: NO LOCAL TAX INCREASE IN BUDGET

A screengrab from Wednesday’s virtual meeting, which was chaired by  Councilman Hazim Yassin, top right. (Click to enlarge.)

By JOHN T. WARD

red bank taxes

Red Bank property owners will see no increase in the local tax rate under the budget introduced by the borough council Wednesday night.

The governing body also finalized a plan for a charter study referendum that several commenters referred to as “historic;” eliminated the job of animal control officer to make way for the Monmouth SPCA; and tabled the hiring of a new executive director of the Redevelopment Agency.

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RED BANK: SPLIT OVER LEAK PROBE CONTINUES

A screengrab of the council’s session Wednesday night, with councilmembers Erik Yngstrom at center left and Michael Ballard at center right. (Zoom screengrab. Click to enlarge.)

By JOHN T. WARD

hot topicA dispute over leaked emails entered its third month when the Red Bank council met for a workshop session via Zoom Wednesday night.

The issue has pitted two Democrats who are running for re-election against four who aren’t.

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RED BANK: DEMS CLASH OVER BUDGET, PROBE

A screengrab of the council’s session Wednesday night. (Zoom screengrab. Click to enlarge.)

By JOHN T. WARD

hot topicRifts among Democrats were on almost nonstop display during a three-hour meeting of the Red Bank council Wednesday night.

While Councilman Ed Zipprich pressed for a probe into an email leak he said had smeared his reputation, at least two of his colleagues were more concerned about his intervention in the bidding for a new trash hauling contract.

But first, the all-Democratic body split over proposed budget cuts pushed by Councilman Michael Ballard that others saw as unwise.

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RED BANK: BUDGET Q&A SLATED AFTER ALL

red bank, nj, ed zipprich, michael ballard, ziad shehadyCouncilman Michael Ballard, center, with Councilman Ed Zipprich, left, and Business Administrator Ziad Shehady in December, 2018. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

Almost two months later than promised, Red Bank residents will get a detailed explanation next week of a borough budget that would increase property taxes by 2.8 percent.

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RED BANK: TAX INCREASE AT 2.8 PERCENT

A screengrab from Wednesday’s virtual meeting, with Councilman Michael Ballard at top center and Business Administrator Ziad Shehady at center right. (Click to enlarge.)

By JOHN T. WARD

hot topic

Red Bank property owners would pay 2.8 percent more in municipal taxes this year, under a budget advanced by the borough council Wednesday night.

The still-evolving $22.4 million spending plan was the centerpiece of a nearly three-hour online council meeting that left viewers with a lot to unpack.

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RED BANK: TAX INCREASE ON AGENDA

michael ballard 051320Councilman Michael Ballard during an online meeting in May. (Click to enlarge.)

By JOHN T. WARD

red bank taxesDelayed by the COVID-19 pandemic, Red Bank’s proposed budget for 2020 would boost the amount to be raised from local property owners by 5.4 percent.

But heading into the final stretch, it’s not clear that the chairman of the finance committee will support the spending plan if it goes to a vote Wednesday night.

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