169-22 Attachment - Copy of Estimated 2022 Tax Rates.pdf

2022CALCULATION OF ESTIMATED TAX RATE 2021 Township Of West Orange Based upon: Estimated 2022 LOCAL MUNICIPAL BUDGET Actual Estimated Actual 2022 LIBRARY BUDGET Actual Estimated Estimated 2022 OPEN SPACE BUDGET Actual Estimated Actual 2022 SCHOOL BUDGET Actual Estimated Estimated 2022 COUNTY BUDGET Actual Estimated Estimated2022 COUNTY OPEN SPACE BUDGET Actual Estimated 2021 Tax Levy & Rate Levy Tax Rate Rate LOCAL MUNICIPAL 59,642,713 1.072 1.003 LIBRARY 2,221,263 0.040 OPEN SPACE 278,449 0.005 0.003 SCHOOL 147,900,958 2.659 2.476 COUNTY 31,038,044 0.558 0.539 COUNTY OPEN SPACE 1,006,963 0.018 0.017 - TOTAL 242,088,389 4.353 4.353124554 2021 Ratable Total 5,561,255,741 2022 Tax Levy & Rate Levy Levy % Change Rate Rate Change Rate % Change LOCAL MUNICIPAL Estimated 60,835,567 2.0% 1.105 3.0% 0.030173209 1.088 59908946.56 LIBRARY Actual 2,212,554 -0.4% 0.040 0.6% OPEN SPACE Estimated 550,634 97.8% 0.010 99.7% 0.997227978 0.01 550633.7 SCHOOL Actual 150,877,387 2.0% 2.740 3.0% COUNTY Estimated 31,346,166 1.0% 0.569 2.0% -0.785945912 2.516 138539438.92 COUNTY OPEN SPACE Estimated 997,019 -1.0% 0.018 0.0% TOTAL 246,819,328 2.0% 4.482 3.0% 2022 Ratable Total 5,506,337,000 Certified By: John O. Gross Chris Battaglia Chief Financial Officer Tax Collector