SAYREVILLE – The Sayreville Borough Council has adopted a $63.6 million budget to fund the operation of the municipality during 2021.
The $63.6 million budget, which was adopted on May 10, will be supported by the collection of $33.4 million in taxes from residential and commercial property owners, according to the budget document.
Other revenue includes $9.27 million in state aid and $3.6 million from surplus funds (savings).
Sayreville’s 2020 budget totaled $63.9 million and was supported by the collection of $33.4 million in taxes from property owners, according to the budget document. Other revenue included $9.274 million in state aid and $3.6 million from surplus funds.
The municipal tax rate in 2020 was about $1.449 per $100 of assessed valuation. The average home in Sayreville was assessed at $145,024 and the owner of that home paid about $2,101 in municipal taxes.
For 2021, the municipal tax rate is projected to be $1.488 per $100 of assessed valuation. The average home in the borough remains assessed at about $145,024 and the owner of that home will pay about $2,157 in municipal taxes.
Municipal taxes are one component of a property owner’s tax bill, which also includes Middlesex County taxes and Sayreville School District taxes. Individuals pay more or less in taxes depending on the assessed value of their home and/or property, and the tax rate that is set by each taxing entity.
Selected appropriations in the 2021 municipal budget include the following line items: public safety, $15.3 million; public works, $11.9 million; insurance, $10.4 million; statutory expenditures, $5.67 million; debt, $5.2 million; reserve for uncollected taxes, $2.51 million; general government, $2.3 million; education (including library), $1.75 million; utilities and bulk purposes, $1.7 million; parks and recreation, $1.39 million; landfill/sold waste disposal, $1.29 million; and uniform instruction code, $1.01 million.
Sayreville has 246 full-time employees, which includes 89 police officers, and 57 part-time employees. Personnel costs will account for $34.5 million of the 2021 budget.
