The budget was first introduced on April 3 and funds municipal operations for the 2025 year. The projected tax rate for property owners is 48 cents per $100 of assessed valuation, which is a 1.3 ...

The proposed municipal tax rate for the budget is 44 cents per $100 of assessed valuation. The owner of an average assessed home at $497,275 will pay $2,188 in municipal taxes.

The Spring Lake Borough Council adopted a $24.6 million municipal budget for 2025 at its meeting Tuesday night. Homeowners ...