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2009 Budget Presentation. Information Obtained from NJ Department of Treasury ** Voorhees.

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Presentation on theme: "2009 Budget Presentation. Information Obtained from NJ Department of Treasury ** Voorhees."— Presentation transcript:

1 2009 Budget Presentation

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5 Information Obtained from NJ Department of Treasury ** Voorhees Reassessed in *** Haddon Heights Reassessed in 2007

6 Taxing EntityProposed FY 2009 County Taxes $ Lawnside School $ Lawnside Borough $ Total Tax Rate $ Percent Increase0.76%

7 Assessed ValueFY 2006FY 2007FY 2008FY 2009 FY2009 vs. FY2008 Avg. Increase Per Year $100,000 $4,005$4,237$4,484$4,518 $34$171 $150,000 $6,008$6,356$6,726$6,777 $51$257 $200,000 $8,010$8,474$8,968$9,036 $68$342 $250,000 $10,013$10,593$11,210$11,295 $85$428 $300,000 $12,015$12,711$13,452$13,554 $102$513 $350,000 $14,018$14,830$15,694$15,813 $119$599 $400,000 $16,020$16,948$17,936$18,072 $136$684

8 The Budget Assumptions

9  All Salaries Frozen at FY 2008 Levels Except where contracts were in place  Effective 4/3/09 ALL discretionary spending was frozen  Deferred 50% of FY2009’s pension obligation into the future  Cancelled Police car purchase  Cut gasoline line to the bone  Cut all discretionary spending not obligated


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