.

Hillsborough Sees A Rise In Taxes, Bond Rating

The Township Committee proposed a $27.87 million budget that will raise annual municipal taxes by about $49 on homes assessed at $350,000, according to nj.com. 

Although the tax raise remains under the state mandated 2 percent gross property tax levy cap, a decrease in the value of ratable property in Hillsborough will cause the tax rate to rise, according to nj.com

The township has, however, seen their bond rating jump from a AA- to AA+, according to nj.com

Read more here http://www.app.com/article/CN/20140505/NJNEWS10/305050045/Hillsborough-taxes-bond-rating-rising

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »