East Windsor Adopts 2023 Municipal Budget With No Tax Increase

EAST WINDSOR, NJ – East Windsor recently adopted the 2023 municipal budget with no tax increase to residents, according to officials.

According to Mayor Janice Mironov, the East Windsor municipal tax rate component has not increased for the past 11 consecutive years.

The budget of $23,426,238 contains no increase, with the rate remaining 43 cents per $100 of assessed valuation for the years 2013 through 2023.

For the current average residential home assessed at $259,455, the 2023 municipal tax is $1,123.

The township’s overall spending in 2023 has increased by almost $1 million over 2022. However, the use of American Rescue Plan funds and sound Township fiscal planning enabling greater use of miscellaneous revenue accounts and fund balance, allowing the 2023 budget to result in no tax increase for residents and no reductions in services or employees, officials said.

“This no tax increase budget is a fiscally conservative budget document which well serves our community and retains all employee positions and all existing service levels. East Windsor has worked hard to keep our spending levels tight and continually seek out additional efficiencies, cooperative purchasing avenues and service sharing opportunities, and has maintained a very low debt level,” Mironov said.

“This positive budget no tax increase outcome results from the pro-active efforts of the Township to carefully plan and to closely monitor expenditures and revenues throughout the year and into future years.”

According to township officials, there were many challenges in the 2023 budget due to significant gaps in anticipated municipal revenues for several categories especially municipal court and major expenditure increases like the state-imposed 22 percent hike in the State Health Benefits Plan, state pension payment costs, as well as significant increases in salaries and wages, contract increases and general inflationary costs factors.

East Windsor’s tax base has increased by over $1.4 million for 2023, as the township continues to expand business opportunities and attract new commercial rateables.

New business projects in 2022 and 2023 include Jersey Mike’s and Cinnaholic in Town Center Plaza, Primrose School of East Windsor on Dutch Neck Road in the former Rite-Aid building, Jim Carl’s Auto Body Repair on Route 130 North, AJ Madison’s newly constructed building, relocation of Vectornate USA’s global headquarters to Old Trenton Road, and the major modern Innovation Park complex.

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