Albeit Global Pandemic, Town Holds Tax Increase to Less Than One (1) Percent
WEST NEW YORK, N.J. — Mayor Gabriel Rodriguez and the Board of Commissioners have once again held the line on municipal taxes, delivering on their promise of fiscal responsibility. For the second consecutive year, the municipal tax increase will be under one percent (1%) albeit the economic hardship inflicted by the current global pandemic known as COVID-19.
“This year has been among the most challenging in our state’s history and the increased costs and loss of revenue associated with the pandemic is stressing local governments throughout New Jersey,” said Gabriel Rodriguez, Mayor of the Town of West New York. “I am incredibly proud, however, of the work our team has done to put together yet another municipal budget with stable property taxes. I would like to thank Revenue and Finance Commissioner Margarita Guzman and our entire administration and finance team for their determination to help local taxpayers and renters weather this storm by providing the financial relief they need in the form of stable property taxes.”
This budget (2020) contains an overall tax increase of 0.97% and last year (2019) the overall increase was 0.46%. The Town is one of the only municipalities in the state of New Jersey that has held the line to under one percent (1%) for two consecutive years.
“The Town of West New York is one of the only municipalities in the state that has held property taxes below a 1% increase in each of the last two years,” said Margarita Guzman, Commissioner of Revenue and Finance. “This could only be accomplished with careful financial planning and innovative thinking to reduce unnecessary expenses and attract new revenue – and I want to thank our CFO and our Municipal Administrator for their hard work. This is exactly the municipal budget that West New York taxpayers deserve, and I am proud to be able to present it to residents along with Mayor Rodriguez and our entire team.”
“Our administration will always continue working to do more with less and make our local government as efficient as possible while still investing in our services,” continued Mayor Rodriguez. “I look forward to continuing to work on behalf of our residents and community to come out of this pandemic stronger, this budget is yet another step in accomplishing that.”
In continuation of its commitment to improve online services for residents, the township is accepting online tax payments through its website, at www.westnewyorknj.org.