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Kenilworth officials warn of tighter municipal budget; school state-aid figures complicate outlook
Summary
Council members and borough financial staff said municipal revenues have fallen while some expenditures (notably health insurance) have risen. Borough officials are working to keep any municipal tax increase below statutory caps; board of education aid changes further complicate overall local tax pressure.
Councilman Morrow, chair of the borough finance committee, told the governing body the committee and borough finance staff are “working through some tough situations” as they finalize the municipal budget for the coming year.
Morrow said the borough is seeing decreased revenues across most categories and higher expenditures in several lines, including health insurance. He quantified part of that pressure: “The decrease in revenues per average assessed house is coming in at $13.06,” he said, adding that…
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