In his 2020 Tiny Budget Presentation, the Township’s Treasurer, Doug Taylor, explained the budget process and presented pie charts showing the allocation of funds to various aspects of the operating and capital budgets. He also supplied some information about reserves and reserve funds. Toward the end, he noted that the total net municipal levy in 2020 will be $12,362,936, an increase of 6.97% over the level in 2019. However, the total assessment value also rose to $4,158,552,909, an increase of 5.01%. As a result, the change in the total municipal tax rate from 2019 is 2%. The formal County and School Board rates won’t be presented until March/April 2020.
