Amended Budget Includes 38% Tax Increase

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SOUTH AMBOY – The average taxpayer will see a $571 increase in their annual bill under the city’s new budget.

Taxes will increase about 38 percent under the proposed spending plan, approved at a special City Council meeting Tuesday night. The vote came just hours after state officials granted South Amboy a waiver to raise taxes by nearly ten times the four percent levy cap.

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“These are very tough times for the city of South Amboy,” Mayor John T. O’Leary said. “We are being adversely affected by increases in pension, insurance and utilities costs and the tremendous amount of loss in state revenue, particularly in CMPTRA (Consolidated Municipal Property Tax Relief Act), supplemental energy tax and extraordinary aid.”

Four of five council members voted in favor of the budget. Newly-appointed Councilman William J. Schwarick abstained because he had not had time to familiarize himself with the spending plan.

Updated Sept. 24, 2009


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