For Immediate Release:
March 21, 2019
County adopts $449.6 million budget
for 2019
FREEHOLD, NJ – The Monmouth County Board of Chosen
Freeholders has adopted the County’s $449.6 million budget for 2019. The budget
was introduced on Feb. 19 and the budget was subsequently adopted at the March
18 freeholder meeting after a public hearing was held.
“The Board has taken a hard line approach to
ensure that each County department is being fiscally responsible. We are
currently using a similar amount of fund balance as the revenue that we
regenerated during the year and work to ensure future financial stability with
all bond rating agencies,” said Freeholder Director Thomas
A. Arnone. “It is important to note that even though department spending has
gone down, we have kept the quality of services at the level our residents have
come to expect.”
The 2019 spending plan of $449,600,000 includes
$305,500,000 in taxes and incorporates a reduction in County department budgets
of nearly $1.5 million. For comparison, in 2010 the County’s budget was
$493.4 million.
The annual budget covers the cost of maintaining
1,000 lane miles of roads, more than 900 bridges, 16,000 acres of County parks,
emergency management services, 911 emergency communications, law enforcement
through the Prosecutor’s and Sheriff’s offices, elections, deed recording and
passport services in the County Clerk’s Office, probates and adoptions through
the Surrogate’s office as well as numerous additional programs and benefits.
Copies of the County budget are available on the
Monmouth County website at www.visitmonmouth.com.
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