Borough debates sharp cuts as assembly considers lower mill‑rate cap
Aug 18, 2026
Assembly members debated competing proposals to lower the area‑wide property tax cap (ordinance 26‑095). Finance staff warned a 7‑mill cap would create a roughly $20–22 million shortfall requiring deep service and capital cuts; several amendment votes followed before the ordinance advanced.
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Assembly members spent much of the evening debating an ordinance (26‑095) that would lower the borough's area‑wide property tax cap. Proponents said a lower cap protects residents from sudden property‑tax increases as assessed values rise; opponents and staff warned of a resulting budget gap requiring significant cuts.
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