Edison 2022 3rd Qtr. Estimated Property tax bills are out

 Well, haven't seen mine yet but I'm told these 3rd Qtr. Estimated Poverty tax bills are out now. Based on what I'm told, here's my understanding of what it represents. Seems odd though that they're putting out 'Estimated' Property tax bills when the 'Edison Clowncil' just adopted the 2022 Muni-budget with Mayor Sam 'Mr. Shrink-flation' Joshi's Ridiculous tax increases in place last week.

So, be that as it may, what do we know and can figure out so far about our Property tax bill for 2022:

We can figure out that this Estimate during a raging inflation comes with a Total Property tax rate of $5.923, which is up 2-cents over last year's $5.903. They still find a way to unnecessarily tax you even under the worst possible conditions.

If you live in that imaginary home assessed at $181,400, then your 2022 Property taxes taxes will increase by $36.28. If you don't live in that imaginary home, then just take you home's assessed value divided by 100 and multiply it by $5.923 to get your total property taxes and by .02-cents to get your property tax increase. You can also use the calculator below to get your numbers.

• We know the Muni tax for 2022 is $1.402, which is up 1.4-cents or 1.101% over last year's $1.388.
• We know the Library tax for 2022 is $.086, which is up .004-cents or 4.9% over last year's $.082.
• We know the School tax is $3.197 for 2022, which is down 3.1-cents or -0.96%. Recognize they still increased their Total Budget $pending but took advantage of an increase in the Ratables to get this decrease. We also know the School Board could of reduced the School tax levy by $ 2 million in the School Budget for 2022-23 and give the taxpayers a break but chose Not to. They continue on with their Hoarding ways.
• We don't know what the County tax, County Open Space tax, Muni Open Space tax or the Garbage Dist. 3 taxes are in the Estimated tax bill. But we do know that the combination of all these taxes comes with an increase of 3.3-cents. Will have to OPRA the individual rates to get this information.

What this 2022 3rd Qtr. Estimated Property tax bill means to You:

Anyhoo, keep in mind this estimated bills they put out are subject to change and if there are any changes - it will be reflected in your 4th Qtr tax bill.