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Hunterdon Freeholders adopt budget holding line on tax rate

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Hunterdon County's Freeholder Board adopted the county’s 2020 budget, freezing the county tax rate for the second year in a row, at the May 19 Freeholder meeting held by teleconference.
 
“Holding the county tax rate frozen at the 2018 level again this year is a key part of the County’s plan for economic recovery from the COVID-19 pandemic,” Freeholder Board Director Shaun C. Van Doren said. “The budget meets the costs of the mandated and necessary services for our residents and businesses, efficiently and effectively.”
 
The 2020 county tax rate will be 31.5 cents per $100 of property valuation, the same rate as in both 2019 and in 2018.
 
“The world, our nation, our state, our county and our local communities have changed greatly from the point when we first began working on this budget late last year. The pandemic affected the budget development process nearly at the last moment,” said Freeholder Matt Holt, a longtime member of the Board’s Budget Committee,.
 
“But the single greatest take away under this budget for our residents, our businesses, our taxpayers, and our economy is that the county tax rate remains the same as it was in 2018.”
 
Holt pointed out that the $89.35 million 2020 county budget is $10 million less than the nearly $100 million budget from 2006 and is even lower than the county budget from 2011.
 
“This achievement is a result of teamwork with the Freeholder Board, our budget committee, and with our department heads recognizing the need for economy. And it would not have been possible except for applying our conservative fiscal principles each and every year for the past several years,” Holt concluded.
 
A copy of the budget can be found at co.hunterdon.nj.us/pdf/finance/2020BUDGETINTRO.pdf.

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