Toms River Announces No Tax Increase in 2024 Municipal Budget Amid Inflation, Rising Costs

TOMS RIVER, NJ (UPDATE) – The Toms River Township Council has voted on the first reading to move the 2024 township municipal budget on first reading. That budget delivers a 0% tax increase for the community. There will be a second reading on adopting the budget at the next township council meeting. Facing across-the-board salary increases, double-digit increases in healthcare costs, global inflation, and the end of the American Rescue Plan’s federal funding, Toms River Mayor Dan Rodrick announced a 0% tax increase for 2024 last week, “It wasn’t easy,” the mayor said. This year, for the first time in … Continue reading Toms River Announces No Tax Increase in 2024 Municipal Budget Amid Inflation, Rising Costs