FREEHOLD, NJ – The Monmouth County Board of Chosen Freeholders has adopted the County’s $448 million budget for 2018. An official public hearing was held on March 8 and the budget was subsequently adopted at the March 19 Board meeting.
Freeholder Director Thomas A. Arnone said, “The Board has worked diligently to provide a fiscally responsible budget for our residents and businesses that allows us to continue to offer the highest level of services and facilities, while meeting all statutory requirements. We are currently using the same amount of fund balance as the revenue that we regenerated during the year. This should put us in a position of future financial stability with all bond rating agencies.”
The 2018 spending plan of $447,950,000 includes $304,000,000 in taxes and incorporates a reduction in County department budgets of over $600,000.
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.