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Millville budget introduced with $19.6 million ratables error; commissioners warned of next‑year tax impact
Summary
City finance staff presented the draft 2025 budget, including a 3.62‑cent local tax increase, while disclosing an extra $19,625,000 line in certified ratables that officials said cannot be removed from this year's introduced budget and likely will increase next year's tax rate.
City finance staff presented the introduced municipal budget and told the Millville City Commission that an erroneous $19,625,000 figure in the certified net valuation was included in the county certification and therefore remains part of the introduced 2025 budget.
During the budget presentation, the finance director reviewed state budgeting rules (Title 40A and local finance notices), constraints on appropriations and revenues, and explained that current‑year revenues generally cannot exceed prior‑year receipts without written proof. The introduced budget included a local tax increase of 3.62 cents; the director…
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