HomeMy Public PortalAboutr 09:131
~hzdntiott of tfre fj.aronZ1fr of ([arurd1 ;N~. W ~
No.09-131
Date of Adoptiol1
li T\P 11, ?('fJ)
RESOLUTION AUTHORIZING THE
BOROUGH OF CARTERET TAX COLLECTOR
TO PREPARE AND MAlL ESTIMATED TAX
BILLS IN ACCORDANCE WITH P.L. 1994, c.72
'VHEREAS, due to the late adoption of the Borough ofCarteret's Budget, the
Middlesex County Board of Taxation is unable to certify tax rates for the Borough of
Carteret and the Tax Collector will be unable to mail the Borough's 2009/2010 tax bills
on a timely basis; and
\VHEREAS, the Borough of Carteret Tax Collector/Chief Financial Officer has
computed an estimated tax levy in accordance with NJSA 54:4~66.3 and have signed a
certification showing the tax levies for the prior year, the tax rates and the range of
permitted estimated tax levies:
NOW, THEREFORE, BE IT RESOLVED, by the Mayor and the Council of
the Borough of Carteret, in the County of Middlesex and the State of New Jersey on this
day of 11 ill day of June, 2009, as follows:
1. The Carteret Tax Collector is hereby authorized and directed to
prepare and issue estimated tax bills for the Borough of Carteret
for the third installment ofthe 2009 taxes. The Tax Collector shall
proceed and take such actions as are pcnnitted and required by
P.L. 1994, c.72(NJSA 54:4-66.2 and 54:4-66.3)
2. The entire estimated levy for 2009 is hereby set at $ 5.194.
3.
In accordance with the law the third installment of2009 taxes shall
not be subject to interest until the later of August lOth or the
twenty-fifth calendar day after the date the estimated bill are
mailed. The estimated tax biBs shall contain a notice specifying the
date on which interest may begin to accrue.
ktpte:l this 11th day of .JlIE, '2ffE
an:! certifie::l as a tru2 c.cj:o/ of tte
orig:iml on JLre 12, '2ffE.
KIilllI1'EN M. PARL'lEY, M1::
MJnic:ip3l Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN YES NO NY A.B. COUNCILr.IAN YES NO NY A.B.
BELLINO X ~m~ X
COLON X "moo X
OIAZ X OT",'07 X
x _ Indicate Vote AB _ Absent NV 4 Not Voting XOR - Indicates Vote to Overrule Veto
Adopted at a meeting of the Municipal Council
I 1Lre.-J1,'2ffE
if ~_-g /744 /,1:1.,
/\ ~<:J1.--e._Li::_f~// ,
" \ CLERK
7/
~7J-~--~
ProDosed Calculation of 2009 Estimated Tax Rate
ProDosed 2.3 % inerease
Ranee is 102.8
Introduced Borough Budget
Introduced Municipal Open Space Budget
Adopted Local School Budget
Adopted Middlesex County Budget
2008 TAX LEVY & TAX RATE 2009 ESTIMATED RANGE FOR TAX LEVY
(percentage of 2008 Levy)
Local
Open Space
School
County
County-O/S
Totals
1J;yy
$18,511,257.54
299,553.69
24,365,927.50
6,712,221.77
785.991.84
$50,674,952.34
2009 Ratable Total: $1,014,176,193
Amount to be Raised by Taxation:
Local $ 20,070,197.44
Open Space 304,252.86
School 23,365,927.50
County 7,503,269.72
County -OIS 851.432.03
Totals $52,095,079.55
Prepared and Certified by:
Patrick J. DeBlasio, CFO, CTC
Rat<:
1.853
.030
2.441
.673
.079
5.076
95%
Local $17,585,694.66
Open Space 284,576.01
School 23,147,631.13
County 6,376,610.68
County-O/S 746.692.25
$48,141,204.73
.lill.2Q
$19,436,820.42
314,531.37
25,584,223.88
7,047,832.86
825.291.43
$53,208,699.96
2009 Estimated Tax Rate
Tax Rate:
$ 1.979 (Proposed budget-exceeds 105%) 108.4%
.030 (Proposed budget-within range) 101.6%
2.361 (Adopted budget-within range) 95.9%
.740 (Adopted budget-exceeds 105%) 1.118%
.084 (Adopted budget-exceeds 105%) 108.3%
$5.194 (Estimated-within range) 102.8%
(Tax Rate is 102.3%)