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Rutherford administrator presents 2025 municipal budget; public hearing set for May 12
Summary
The borough administrator presented the calendar year 2025 municipal budget to the Mayor and Council on April 28, noting a municipal tax rate of 0.987 and a proposed increase in property taxes; a public hearing and possible adoption are scheduled for May 12.
Administrator delivered a public presentation of the Borough of Rutherford's calendar-year 2025 municipal budget at the April 28 Mayor and Council meeting and said a public hearing is scheduled for May 12, when the council may vote to adopt the budget.
The administrator said the municipal tax rate in the introduced budget is 0.987 — about $0.98 per $100 of assessed value — an increase of about 1.96% from the prior year. He said assessed values (ratables) were up about $6 million from last year, to roughly…
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