Politics & Government
Oradell Proposed Municipal Budget has Estimated $497 Increase
Proposed budget has Oradell homeowners facing an estimated average annual increase of approximately $497 in their property taxes.

Each year school districts, municipal governing bodies, and county governing bodies submit their adopted budgets to the County Tax Boards outlining their budgetary requirements. The various levies are totaled to represent the “amount to be raised by taxation” for each taxing jurisdiction.
Oradell's proposed 2013 Municipal Budget calls for an estimated total local levy (municipal and library) of $11,177,602.
With the recent assessment, the average price of a borough home is $472,343. Formerly, the average home price was $531,722.
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With the proposed budget, Oradell homeowners will see an estimated total average annual increase of approximately $497. This total includes the municipal, library, schools (regional & local) and county & county open space. The breakdown is:
- Municipal & Library = $173.47
- Local School = $26.77
- Regional High School = $253.45
- County & County Open Space = $43.24
More information regarding the budget will be reported on as the Mayor and Council continue to discuss it prior to adoption.
Find out what's happening in River Dellfor free with the latest updates from Patch.
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