Hillsborough Taxes Reduced For 4th Straight Year

HILLSBOROUGH, NJ — Hillsborough residents will see a reduction in their taxes for the fourth straight year after the township committee adopted the 2021 budget on Tuesday night.

Overall residents with an average assessed home of $350,000 will see a tax bill of $1,085 for the municipal portion. This is a decrease from $1,106 in 2020.

A direct result of the reduction had to do with the township's "conservative budgeting." The township did not see any "significant revenue loss" amid the coronavirus pandemic, according to Chief Financial Officer and Tax Collector Nancy Costa said.

"It's really a direct reflection of the staff in this building… not to have any revenue reduction during the pandemic is no small feat. We were able to be open thus generating revenue and not becoming fiscally unsound," said Mayor Shawn Lipani at the Tuesday meeting.

The committee met on Tuesday to unanimously adopt the $32.8 million budget.

Costa noted the township saw an increase in UCC fees, interest on investments, and fees and permits allowing the municipal tax rate to be reduced for the fourth year in a row.

Committeewoman Janine Erickson, who served on the finance committee said the budget is "a testament to the workers in the township and how fiscally responsible and prudent we operate as a township."

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