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Elmwood Park council adopts 2025 municipal budget after amendment; average homeowner set to pay $269
Summary
On April 17 the Elmwood Park mayor and council adopted a $23,621,407 municipal budget for 2025 after approving an amendment that reduced the average homeowner's tax to $269 (assessed at $330,000). Council approved related ordinances to exceed budget caps and the amended budget by 5-2 votes amid criticism about limited time for deliberation.
Elmwood Park Mayor Robert Coletti and the borough council adopted the 2025 municipal budget on April 17, approving $23,621,407 in municipal appropriations and setting the tax rate so the average homeowner (assessed at $330,000) will pay $269 for the year after a council amendment.
The budget adoption followed the council's vote to pass an ordinance to exceed municipal appropriation limits and to establish a cap bank and then to approve an amendment to the introduced budget that lowered the average-tax figure from more than $320 to $269 per home. The final adoption passed by a 5-2 roll-call vote.
The budget's authors and finance officials told the council that the increase is driven largely by mandated or market-driven…
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