Hopewell Township Introduces $22M Municipal Budget

Hopewell Township Introduces $22M Municipal Budget

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Hopewell Township introduced a budget of $22M on March 27th. Residents will pay $14.7M in municipal taxes at a rate of $0.37 per $100 assessed property value (a tax levy increase of 2.02%). Of the $14.7M, 46% is allocated to salaries and benefits, 24% to debt payments, and 6% to retirement funds and pensions.

Through a revised schedule of tax payments with Hopewell Valley Regional School District, the township announced that $2M will no longer be needed on reserve and can be added to its surplus, bringing the total to $11.8M. Money ($1.5M) from surplus is proposed to fund capital projects that include purchasing two dump trucks and one animal control vehicle($454K), repairing roads ($954K), designing the community/senior center ($40K), and funding a redevelopment plan ($100K).

Currently Hopewell Township is paying $1.7M in interest charges on $68.4M in debt. According to Mayor Kuchinski, this translates to 1 in 4 tax dollars used in the service of debt.

A public hearing on the budget will take place on April 24th.

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Angela Jacobs
Angela Jacobs is a freelance writer who lives in Hopewell Township with her teenaged children and partner of 20 years. Despite her best efforts to simplify her life, last year she added four chickens and a second rescue dog to her pet menagerie. Unfortunately, an interim of peaceful coexistence ended with the untimely demise of two of the chickens at the paws of Jax, the new dog. An egregious lack of impulse control has since been diagnosed resulting in an indefinite separation of Jax from all present and future chickens, her two cockatiels, open garbage cans, snacks open on tables, abandoned stuffed animals, etc. She does however gently encourage him toward a certain industrious squirrel that has spelunked its way through her backyard in search of the most perfect hiding spot for its nuts.

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