Barnegat Township Budget at $26.46 Million

Mar 13, 2019

Barnegat Township plans to spend $26,466,597 in 2019, according to a municipal budget introduced at the March 5 township committee meeting. The budget is approximately $680,000 higher than what was spent in 2018.

Thomas Lombarski, chief financial officer, said the municipal tax rate increased by slightly less than one cent per $100 assessed value. He said a resident assessed at the township average of $238,000 would see an increase of $25 (not including schools and county taxes).

He said one of the main expense increases was for public works department projects, in which $277,000 was budgeted compared to $50,000 for last year. He said a new expense for the township is $65,000 for equipment for the volunteer fire company.

Lombarski said the budget also includes $85,000 for a lease purchase agreement to purchase a fire truck.

“Instead of bonding for it, we can pay $85,000 a year for the next 10 years,” he said. “If we can we’re trying to get away from bonding.”

Lombarski said the budget also figures in a 1.95 percent salary increase for all township employees.

“We also have a $131,000 increase in our pension bill,” he said.

While 2019 stands to be a busy year for the town in building a new public works headquarters and getting started on erecting a new municipal complex, those projects would not be reflected in the budget.

“That was covered in a bond ordinance adopted two years ago,” Lombarski said.

A public hearing on the budget is scheduled for the next meeting Tuesday, April 2, 10 a.m.  —E.E.

 

 

 

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