Politics & Government

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.




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