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Understanding Your Tax Dollars in Bernards Township

  • Team Tancredi & McMahon
  • May 22
  • 1 min read

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Managing taxpayer money wisely and efficiently is crucial, and Bernards Township is excelling in this regard. Did you know that from 2005 to 2022, Bernards Township's municipal tax levy increased by just 24.34%—a modest annual increase averaging only 1.43%? This is notably lower than the state average of 5.27%.

In 2023, here's how your local tax dollars were distributed:


  • School District: 66%

  • County: 17%

  • Township: 15%

  • Library: 2%


Furthermore, Bernards Township stands apart as a fiscally responsible municipality with absolutely no municipal debt, maintaining significant reserves totaling $17.9 million by the end of 2022. These funds, mandated by the township's 2016 Fund Balance Policy, ensure emergency readiness, financial stability, and prudent tax stabilization.


When compared to other AAA-rated municipalities in New Jersey, Bernards Township consistently demonstrates superior fiscal management, reflected by its lower per capita municipal taxes and zero debt.


Your hard-earned dollars will indeed continue to be thoughtfully and efficiently managed when you vote for David Tancredi & Bill McMahon.



 
 
 

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Paid for CTE Tancredi & McMahon, 42 Fairfield Ave, Warren, NJ 07059

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