Despite losing significant state aid, tax cutting Fair Haven Mayor introduces budget which cuts municipal property tax rate
(Fair Haven, NJ) Despite losing nearly $140,000 in state municipal aid, 12th District Republican congressional candidate Fair Haven Mayor Mike Halfacre tonight introduced a municipal budget that cut property tax rates for the third consecutive year, a feat Halfacre attributed to the use of “traditional Republican values”.
“I am happy to announce that for the third consecutive year, Fair Haven taxpayers will pay less on the municipal portion of their property taxes than they did the year before,” said Halfacre. “In this economy, it is crucial that we give relief to homeowners who may be struggling from spiraling property taxes and give our businesses one less spiraling cost to deal with. I’d like to thank the council and the people at Borough Hall for their work on this budget and over the past few years. It has truly been a team effort.”
Fair Haven’s anticipated municipal tax rate for FY 2010 will be 46.5 cents per 100 dollars of assessed property value. The rate was 47 cents in FY 2009, 48.1 cents in FY 2008, and 49.1 cents in FY 2007, Halfacre’s first year in office.
Halfacre also pointed out that this was not the first year Fair Haven had lost municipal aid, saying that the Borough had lost a total of $283,000, or roughly 40% of its aid, over the last three years.
Halfacre credited “traditional Republican values” as the catalyst for the turnaround in the Borough. “When I took office in 2007, quite frankly, the Borough’s finances were a mess. The council and I very quickly set about a complete reorganization of Borough Hall, deciding what the functions of municipal government were and what could be outsourced. We fired the CFO and hired an outstanding new one, we consolidated positions, outsourced non-core functions and shared services where possible.”
Halfacre continued “We applied what I like to think of as traditional Republican values; we decided get government out of as many functions as possible, and the ones we had to be in, we set about to run as efficiently as possible while maintaining services to residents. This budget is the fruit of those efforts- even with the loss of significant state aid, we are able to lower taxes and keep our borrowing to a manageable level.”
Halfacre concluded by praising Governor Chris Christie. “The Governor is doing what the people elected him to do and what we started doing 4 years ago in Fair Haven: making tough decisions which will pay off down the road. I applaud him for his efforts.”