May 28, 2020
ROBBINSVILLE, NJ (MERCER)–Robbinsville Township Council Thursday adopted the 2020 municipal budget of $25,322,970.33. The budget submitted by Mayor Dave Fried on March 26 features a flat or reduced tax rate for the eighth consecutive year. The rate remains at 51.8 cents per $100 of assessed value, with the average assessed home in Robbinsville valued at $377,000. A penny in the Robbinsville tax rate is worth $262,818.08.
2020 Introduced Municipal Budget
In addition to allocating $200,000 for emergency supplies and equipment, Township debt is earmarked to be reduced by over $100,000 in the proposed budget, along with $900,000 for street repairs.
Prior to the COVID-19 pandemic, Mayor Fried was poised to propose a fifth straight municipal tax reduction “but that would not be prudent at this time.”
“It is not wise to cut taxes until we fully understand what we are facing in terms of the impact of the virus on the economy,” Mayor Fried said. “By the same token, we will do everything on our part to reduce stress on local families.