The reassessment is complete and the
new values were accepted by the Burlington County Board of Taxation and the
State of New Jersey. The break down is as follows:
The new Net Taxable Value of the Township is $
673,598,296 and if the tax levies remained the same as 2006 the individual
tax rates would look like this for 2007.
County - .255
County Library - .023
County Open Space - .028
Local School - .595
Regional School - .431
Local Purpose - .042
Fire Dist 1 - .078
Fire Dist 2 - .057
Fire District 1 Total Rate - 1.452
Fire District 2 Total Rate - 1.431
The six (6) Year Average Annual % Change is:
Fire District 1 - 10.271%
Fire District 2 - 9.801%
If the local school tax levy of 4,851,242 goes
through the actual tax rate is .721 or a 21.17% increase.
Information provided by William Tantum, Chesterfield
Twp. Tax Assessor
