Tuesday, July 26, 2005

FY 2006 BUDGET HIGHLIGHTS

Proposed FY 2006 Budget: $61,805,876

Budget increase over FY 2005: 4.5 %

Total tax levy: $5.163
County: $0.700
School: $1.390
Municipal: $3.073



Increase in Total Tax Levy over FY 2005: $.098 (1.90%)
Total Tax Levy Impact on Average Homeowner: $109.82

Municipal Tax Levy Rate: $3.073
Increase in Municipal Tax Levy Rate over FY 2005: $.063 ($2.09)
Municipal Tax Levy Impact on Average Homeowner: $70.60

Source: City of Plainfield, Administration & Finance Department