Mayor Yaede Proposes 2019 Hamilton Township Budget That Would Reduce
Click Here to View Budget Message Video
Today, Hamilton Township Mayor Kelly
Yaede announced her proposed 2019 Municipal Budget that would provide Hamilton
taxpayers with a decrease in the municipal tax rate, if approved by the
Under Mayor Yaede’s plan, municipal
taxes would be cut by over 1 ¼ (1.25) percent.
In a video budget message, Mayor Yaede
touted her administration’s efforts over the past year to achieve cost
efficiencies and maintain staffing levels that are 11 percent below 2007
levels, while promoting economic growth and generating surplus that Yaede wants
to return to local taxpayers.
Mayor Yaede’s budget also continues
to invest in needed police vehicles and technology that Hamilton’s Police Officers
rely on – which have helped to achieve over a 10 percent reduction in crime in
2018 than the prior year.
Additionally, the Mayor’s budget
will continue to fund needed road repairs that benefit our entire community.
Mayor Yaede also explained how in
order to provide for a tax decrease, her administration had to overcome rising
costs that the Municipal Government is unable to reduce, including:
A $400,000 fee hike from the Mercer County Improvement
Authority for the community’s recycling collection
A $400,000 increase in costs associated with garbage
And a $865,000 increase in bills from the State of New
Jersey for pension costs for municipal employees – in a system that, for
decades, the State Government has under-funded
These three categories account for
86 percent of additional spending in the budget, highlighting the fact that
Hamilton Township held the line on spending in the rest of the proposed budget
to just 0.25 percent growth.
Mayor Yaede’s budget proposal also maintains
a similar level of fund balance as the budget that the Township Council
approved last year, which is why she hopes that the Township Council will join
her in approving her budget plan to decrease municipal taxes for Hamiltonians.
At the end of her budget message,
Mayor Yaede also announced that, later in the year, her plans are to make a $10
million debt payment (towns in New Jersey routinely fund capital budget items,
such as local road repair projects, sewer system projects and other long-term
infrastructure projects through issued debt – which is similar to how many
residents make mortgage payments to pay off a home over several years).
Mayor Yaede also made a point to
thank her administration and Township employees who have performed their work
duties in the face of a significant increase in politically-motivated OPRA
requests and instances where employees have been harassed, followed and