Toms River to Pay 3.96 Cents More: Tax Rate Breakdown for Toms River Regional Schools

Proposed taxes going up in Toms River, Pine Beach; going down in South Toms River, Beachwood

Taxpayers in South Toms River and Beachwood could see their school tax rate decrease, while taxpayers in Toms River and Pine Beach face a proposed tax increase.

Though the regional school budget and its tax levy is increasing, how that is calculated into the four tax rates for the district's towns depends on the ratable base, officials said.

Each of the four towns that make up Toms River Regional — Toms River, Pine Beach, Beachwood and South Toms River — pay into the budget with a tax rate calculated based on the size of each town's ratables.

As new taxpaying businesses are built or closed in a town, the ratables base varies from year to year and is recalculated, affecting the tax rates for Toms River Regional.

That's what lead to a decrease in the tax rate for South Toms River and Beachwood and an increase for Toms River and Pine Beach, according to the school district.

The school budget will be outlined in a budget presentation at 7:30 p.m. Wednesday, March 28 . A “user-friendly budget” is posted online. The school board will vote on the budget March 28.

Toms River, Pine Beach proposed tax rate increase

For Toms River residents, the tax rate could grow 3.96 cents to $0.7785 per $100, up from $0.7389 per $100.

In Toms River, where the 2011 average home assessment is at $376,778, the proposed school tax could amount to a $149 increase to a $2,933 annual tax payment.

Pine Beach residents face an increase of 0.4 cents per $100 in the proposed budget.

Pine Beach residents would be assessed a tax rate of $0.7889 per $100, up from $0.7849.

In Pine Beach, where the 2011 average home assessment is at $326,621, the school tax amounts to a $2,576 annual proposed tax payment, or $13.71 more than last year.

Beachwood, South Toms River proposed tax rate decrease

Beachwood residents would see a decrease of 0.1 cents per $100 over 2011-12, which would amount to an annual tax bill of approximately $3 less than last year.

Beachwood residents would be assessed a tax rate of $0.7303 per $100, down from $0.7313. In Beachwood, where the 2011 average home is valued at $260,388, the school tax would amount to a $1,901 annual tax payment.

South Toms River's proposed school tax rate would drop 0.6 cents.

South Toms River residents would be assessed a tax rate of $0.7257 per $100, down from $0.7317. In South Toms River, where the 2011 average home assessment is at $215,502, the school tax amounts to a proposed $1,563 annual tax payment.

This means a decrease of 0.6 cents per $100 over 2011-12 for South Toms River taxpayers, or $12.10 less than last year in the annual tax payment.

Total tax levy for the district

The total anticipated tax levy revenue for Toms River Regional Schools would be $132.719 million, up more than $1.3 million.

Including debt service, the total tax levy would grow 1.2 percent, to $139 million for the district.

School taxes are just a portion of the property tax bill each property owner faces, along with municipal and other property taxes.

To see the district's budget presentation, visit the Toms River Regional website, here.

I B buggin March 27, 2012 at 09:21 AM
Check out the Administrative cost per pupil..http://www.trschools.com/budget2/cost_per_pupil.asp
Mapleleafnj March 27, 2012 at 06:13 PM
My kids gonna get a couple MAC Books for this? or will they be forced to dwell in a building with no air conditioning but Solar Panels on the roof.
Rich49 March 27, 2012 at 07:32 PM
I looked at the "User Friendly" budget. I do not see where they are applying the unused snow plowing budget forward into the new school year. Did you? I also want to see a more detailed explaination on payment of special instruction(s) to individual children, where the parents, not we, should pay for such service.
Carol Aller March 28, 2012 at 04:27 AM
Thanks Town Council! Still in bed with the BOE I see. Vote to have the elections in November so we taxpayers can no longer vote on the school budget and boy! They wasted no time, did they!! When are the people in Toms River going to say enough is enough?!!!
steven abbott July 23, 2012 at 04:55 PM
Tax last year went up 400 in total which was a 5.9% increase. This year they are going up 400 again, whish is now a 5.6% increase. When APril rolls around I will appeal since the value of the house has gone way down and yet my taxes are up $800; don't think so. I think what happens is for all those that appeal and get lower taxes the burden falls to all those who don't appeal or weren't alowed to appeal. Next year the value of the house will allow me to appeal too. Guess the 2% cap really isn't true again......Oh, I'm so surprised.


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