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Morristown mayor proposes $49 million budget; municipal rate up 1.7¢, average homeowner to pay $189 more
Summary
Mayor Timothy P. Daugherty introduced a proposed $49,000,000 operating budget that includes an effective municipal tax-rate increase of 1.7¢ and an estimated average homeowner increase of about $189 for 2024. The presentation highlighted capital paving, drainage projects, public-safety investments and increased insurance and wage costs.
Mayor Timothy P. Daugherty presented the town of Morristown’s proposed $49,000,000 annual operating budget at the council meeting on May 14, saying the plan includes an effective municipal tax-rate increase of 1.7¢ that, combined with school and county levies, will raise the average homeowner’s bill by about $189 this year.
The mayor framed the budget as a response to post‑COVID economic trends and a townwide revaluation. “This proposed budget includes an effective increase of 1.7¢ in the municipal tax rate,” he said, and added that a revaluation of all property —…
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