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Boonton council hears 2026 budget introduction; municipal share up about $64 for average homeowner
Summary
Town finance staff presented the 2026 budget introduction, saying employee costs make up roughly 55% of appropriations and the municipal portion of the average tax bill would rise about $64 (just under 2%); the council introduced a cap-bank ordinance to allow a higher cap and scheduled budget adoption for May 4.
The Boonton Town Council heard the introduction of the 2026 municipal budget and an overview of the town's fiscal outlook during its regular meeting.
The town's finance lead told the council that employee salaries and related costs account for about 55% of the town's appropriations and that the proposed municipal portion of the average homeowner's tax bill would increase by about $64 annually (just under 2%). The presenter said the budget as presented is up roughly 6% overall and highlighted specific…
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