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Lacey Committee Adopts 2014 Budget, Tax Rate Up 2.5 Cents

by Patricia A. Miller

Residents with a home assessed at the township average of $310,000 can expect to pay an extra $77 a year in municipal taxes,  according to the 2014 budget adopted by the Lacey Township Committee.

The vote to adopt the $28,673,289 budget was 3 to 0. Township Committeemen Peter Curatolo and Mark Dykoff did not attend the meeting.

Township Chief Financial Officer Adrian Fanning said salaries were the primary reason for the increase. The municipal purposes tax rate will rise 2.5 cents  for each $100 of assessed valuation.

Mayor Gary Quinn thanked Fanning and Township Administrator Veronica Laureigh for their work in compiling the budget.

"He's cheap as hell," Quinn quipped, referring to Fanning. "He's very much of a penny pincher. I know you and Veronica spent hours doing it."

This year's budget uses $3.8 million in surplus, leaving a cushion of roughly $200,000, Fanning said after the meeting.



Leo May 23, 2014 at 08:57 AM
and taxes continue to rise under the lack of leadership don't forget the county tax increase and the school increase the LMUA increase and these fool want to bond how much for a road? used 3.8 in Surplus or else the Muni portion would have been higher Still no permit or cost estimate
Brandy the Dog May 23, 2014 at 09:00 AM
Pat, I think you meant "Mark", not Len Dykoff. It's a relief that the mayor didnt use the " best bang for buck" reference again. Although I think the township has a very good public works department, I must question a system that can afford to give raises to the the road department, but can't afford to fix the roads. I say this because mr Fanning attributes the tax increase primarily to salaries.

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