Wednesday, June 14, 2017

Not that it matters here in the 'DemBadLands" of Downtown Edison but..

Remember back in March when the County put out their 2017 Budget and had a piece in the HNT - 'Middlesex County 2017 Budget: $20 per household tax' (see March 6, 2017 post) - saying their tax increase would be less than 1% and Homeowners will pay about $20 more under their budget?

Well, just got the estimated 2017 County rates for the County tax and County Open Space tax from the Edison tax collector's office.

The estimated County tax for 2017 (Per 100) is .823, which is up .034 or 4.3% over 2016's rate of .789. If you live in that Mythical average home assessed at $178,300 - that's an increase of $60.62 for the County tax.

The estimated County Open Space tax for 2017 (Per 100) is .067, which is up .001 or 1.5% over 2016's rate of .066. If you live in that Mythical average home assessed at $178,300 - that's an increase of $1.78 for the County Open Space tax.

So, that's a total increase in County taxes of .035 or 4.1%. If you live in that Mythical average home assessed at $178,300 - that's an increase of $62.40 for County taxes in 2017.

Just an update for 2017 of the March 6, 2017 post showing the History of the County tax rate:


And let's not forget to give a Big round of applause to former Edison Councilman Charlie 'I Abstain' Tomaro (and now Deputy Dog of the Freeholders) for looking out for the People of Downtown Edison by continuing to $tabilize taxes.

Anyhoo, last time I looked, 4.3% is a tad bit more than Less than 1% and unless your house is assessed for $58,800 or less, then Your tax increase will be a tad bit more than $20.

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