Borough Budget and Taxes
Distribution of Taxes
1530 : Taxable Properties (approximate)
$1,140,500 : Average Value of Taxable Properties
$4917 : Average Borough Tax per Property
$410 : Average Monthly Tax per Property
$11,839,578: 2026 Borough Annual Budget
$1,067,659 : 2026 Sewer Utility Budget
$1,165,414 : 2026 Water Utility Budget
PROPERTY TAX RESOURCES :
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What $410/month covers:
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Public Safety :
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Police, Fire, Office of Emergency Mgt.
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Administration :
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Manager, Clerk, Tax Assessor, Tax Collector, Financial Administration, Building Official, Planning, Zoning and Code enforcement
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Public Works :
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Road and Sidewalk Cleaning, Plowing and Maintenance, Garbage and Recycling, Water Infrastructure, Buildings and Grounds
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Recreation :
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Youth Programming, Summer Camps, 55+ Programming, Community Celebrations, Summer Concert Series, Hub Lakes Competition
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Other Services :
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Health & Animal Control
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Public Library :
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The Municipal budget funds most of the Mountain Lakes Public Library budget including for the Makerspace program
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Capital Needs :
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Vehicles, Equipment, Paving, Road & Sidewalk Improvements, Parks & Recreational Facilities, other borough improvements
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Water Utility Wells