Barnegat Town Budget at Nearly $25.7 Million

Mar 14, 2018

The Barnegat Township Committee has introduced a 2018 municipal budget of $25,699,168, nearly $200,000 more than what was spent last year.

Tom Lombarski, chief financial officer, said the budget has a municipal tax tax rate increase of 1.2 cents per $100 assessed value (not including schools or county), or an additional $21 a year for the owner of a home at the township average assessment of $238,000.

“The township’s entire overall budget as compared with 2017’s modified budget increased by less than 1 percent, which is very good,” said Lombarski. “Employee health benefits decreased by $174,000, resulting from reduced premiums from the state health benefits plan.”

However, police salaries and wages increased due to the seven-year contract with Barnegat PBA Local 26 last fall. The contract calls for 1.95 percent salary increases from January 2014 to when the agreement expires at the end of 2021.

“The line item will consist of newly adjusted salaries and some retroactive pay due,” Lombarski said.

He said annual pension bills, which are provided by the state, came in approximately $200,000 higher than last year. But he said there will be a significant decrease in deferred charges as the township recently finished paying off the final $700,000 installment from Superstorm Sandy special emergency notes.

“Those notes were for emergency work that was needed for the cleanup after Sandy,” he said. “It was $3.5 million, which we paid out over five years. After making a $37,000 special emergency note payment for a 2013 master plan, the borough currently is note-free.”

A public hearing on the budget is scheduled for the next committee meeting on Tuesday, April 3, 6:30 p.m.  —E.E. 



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