The Hillsborough Township Committee recently introduced their budget for fiscal year 2010. Although taxes will rise $42 for a home assessed at the township average of $350,000, the $28 million budget is actually LESS that it was in 2009 by about $78,000. The last time spending actually decreased was in 1990 - twenty years ago.
The modest tax increase, as well as salary freezes and reductions by various unions and department heads, was used to offset a staggering loss in state aid of $840,000 and cover $750,000 in state-mandated increases.
There is just one piece of the budget puzzle left. Township officials are still negotiating with the PBA over how to cover reductions in the police budget. If some type of wage freeze or other concession is not found, some positions will likely be eliminated.
Given the concessions already made by every other township union and association to save the jobs of their members, it would be wonderful to report that the PBA has found some way to do the same.