Borough Tax Rate Marlboro, Madison Budgets Approved
\ COVERING T H I S W E E K TOWNSHIPS OF 14 P«gea HOLMDEL, MADISON MARLBORO, MATAWAN AND One Section MATAWAN BOROUGH M em ber •3rd Y E A R — J3rd W EEK NeMwal C d llu ilal fUaocfatioa MATAWAN, N. J., THURSDAY, FEBRUARY 15, 1962 New Jersey tvcji Alioelauoa Single Copy Ten Cent* Work Pi On Mitawan Sewer Line Extension Eye 33-Cent Drop In Recover Body Of Keyporl Man From Lake In Matawan Borough Tax Rate A new tax rate, estimated at lust year, was forecast Thursday $2.64 for e a c h $100 o f tru e v alu a night when the Matawan Borough tion, a decrease of 33 cents under Council introduced its 1902 mun icipal budget. T he budget totals $310,602, an in Study Permit Fee crease of $35,241), and requires $170,661) to be raised in the local tax levies. A public hearing is For Industries scheduled for Mar. 13 at 8 p.m. at Borough Hall. Borough Auditor Matawan Township R. Milton Cole said the rate in cludes -Iti cents for the county tax, Committee Meets down two cents; $1.50 for schools, a decrease of 44 cents, and 68 cents The Matawan Township Commit for local purposes, a jump of 13 tee Thursday night look under con cents. sideration a new schedule of build The sharp reduction in the school ing permit fees to be charged rate is attributed to the establish heavy industry for construction ment of a regional school district rights in the township. The com where operational costs /or educa mittee indicated It is considering tion are compiled on a per pupil a sliding scale of fees, similar to basis.
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