Politics & Government
Wayne Proposes $90 Tax Increase
$80.1 million budget includes higher healthcare costs and police and township employee raises, report says.
Based on a budget introduced at a township council meeting last month, Wayne residents will likely see a $90 municipal tax increase this year, NorthJersey.com reported.
The budget comes in at $80.1 million, the report said. For the average Wayne home, assessed at $228,242, the increase in taxes will bring the bill to about $2602, the report said.
The increase is due mostly to increased insurance costs for the township's employees, and a contract-mandated two percent pay increase for Wayne police officers, and 1.5 percent increase for all other township employees, the report said.
The town is planning a public hearing on the budget on May 7.
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