FINANCE DEPARTMENT
Long Hill Township Finance Office Staff
Richard Sheola Chief Financial Officer ext - 224
James Mangin Deputy Treasurer ext - 225
Theresa Kielblock Finance Clerk ext - 226
Laurie Spinelli Payroll Supervisor ext - 222
The municipal budget for 2011 was adopted by the Mayor and Township Committee on May 25, 2011. The total amount of this year’s budget is $14,359,911. This year proved to be extremely challenging in keeping taxes stabilized while still maintaining a high level of service to all residents. Increases in the cost of service delivery coupled with the new 2% "hard cap" made reaching the goal much more difficult. The budget actually decreased from 2010and the amount of taxes increased by less than 2%. This was accomplished through the combined efforts of the Mayor and Township Committee working with all department heads to limit spending and increase efficiency wherever possible.
The over-all financial condition of Long Hill Township remains very strong. As of January 31, 2011 the Township’s net debt represented only 1.10% of the average equalized valuation, leaving an un-tapped borrowing capacity in excess of $42 million. In addition, this year’s budget includes a number of capital projects that will be purchased without incurring any additional debt. This will continue to keep our debt interest payments as low as possible.
As the long term outlook for increased State aid seems bleak, the Finance Department will continue to investigate new efficiencies and investments to make every tax dollar work harder.
Click here to review an overview of the 2011 Long Hill Budget and estimates of County, Local School and Reginal High School tax rates.