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Lebanon Committee introduces $7.46M 2025 municipal budget; public hearing set for May 7
Summary
The Township Committee introduced the 2025 municipal budget totaling $7,457,021, with local property taxes of $2,917,648 and a municipal tax rate of $0.3133; a public hearing is scheduled for May 7, 2025.
On April 2, 2025, the Lebanon Township Committee introduced the 2025 municipal budget by adopting Resolution No. 56‑2025 and petitioning the Director of the Division of Local Government Services for approval. The budget totals $7,457,021 and breaks down as follows: surplus anticipated/general revenues $800,000; miscellaneous revenue $3,499,373; receipts from delinquent taxes $240,000; local property taxes $2,917,648. Expenditures include salaries and wages $2,843,083; other expenses $2,060,576; capital improvements $800,000; debt service $352,000; statutory expenses $784,303; reserve for delinquent taxes $617,059.
The Committee set the public hearing for the budget on May 7, 2025. Committee members voted unanimously to introduce the budget. Public commenters at the meeting reiterated support for keeping the Bunnvale Library in the budget.
What happens next: A public hearing on the budget is scheduled for May 7, 2025; the Division of Local Government Services will review the introduced budget as part of the approval process.
