2025 Municipal Budget - 7.22.25.pdf

1Townshi ~ of West Orange 2024 Final Tax Rate & Pro~ osed 2025 Tax Rate 2024 2025 %%% $$$ Final %of Total Projected % ofTotal Change Change Appropriations: Municipal Appropriations $ 100,696,184.16 39.23% $ 100,356,024.01 38. 12% -0.338% $ (340, 160.15) Municipal Open Space $ 547,993.09 0.21% $ .547,993 .09 0.21% 0.000% Library Tax 2,534, 797.29 0.99% 2,828,055 .36 1.07% 11 .569% 293,258.07 D istrict School Tax 158,724,4 74.00 61.84% 162,836,460.00 61.85% 2.591% 4,111,986.00 County Tax 28,008,507.83 10.91% 28,713,127.95 10.91% 2.516% 704,620.1 2 County Open Space Tax 1'145,976.39 0.45% 1,279,509.49 0.49% 11.652% 133,533. 10 291,657,932.76 113.64% 296,561,169.90 112.65% 1.681% 4,903,237. 14 Revenues (Other than Tax Levy) 37,401' 139.05 14.57% 35,739,331.37 13.58% -4.443% (1 ,661,807 .68) 254,256,793.71 99.06% 260,821,838.53 99.07% 2.582% 6,565,044.82 Reserve for Uncollected Taxes 2,399,923.69 0.94% 2,44 7,922.16 0.93% 2.000% 47,998.47 Tax Levy Certification Rounding Total Tax Levy $ 256,656,717.40 100.00% $ 263,269,760.70 100.00% 2.577% $ 6,613,043.30 Components of Tax Levy: Local Tax 65,694,968.80 25.60% 67,064,614 .81 25.47% 2.085% $ 1,369,646.01 Municipal Open Space 547,993.09 0 .21% $ 547,993 .09 0.21% 0.000% $ Library Tax 2,534, 797.29 0.99% 2,828,055.36 1.07% 11 .569% 293 ,258.07 District School Tax 158,724,474.00 61.84% 162,836,460.00 61.85% 2 .591% 4,111,986.00 County Tax 28,008,507.83 10 .9 1% 28,713,127.95 10.91% 2 .516% 704,620. 12 County - Open Space 1,145,976.39 0 .45% 1,279,509.49 0.49% 11 .652% 133,533.10 Total Tax $ 256,656,717.40 100.00% $ 263,269,760.70 100.00% 2.577% $ 6,613,043.30 Proj ected Tax Rate: Increase Local Tax $ 1. 198828 25.60% $ 0 .670560 25.47% -44.065% (0.52827) Municipal Open Space 0.010000 0.21% 0.005479 0.21% -45.208% (0 .00452) Library Tax 0.046256 0.99% 0.028277 1.07% -38 .869% (0 .01798) District School Tax 2.896469 61.84% 1.628155 61.85% -43 .788% (1.26831) County - Open Space 0.020912 0.45% 0 .012793 0.49% -38 .823% (0 .00812) County Tax 0.511111 10.91% 0 .287094 10.91% -43.829% (0 .22402)