Lodi Taxes Since the Revaluation

(2013 Yet To Be Determined)

Lodi had the second highest effective tax rate in all of Bergen County in
2012, only behind Ridgefield Park.
hnp:/ /www.state.nj.us/treasury/taxation/pdf/lpt/
gtr 12ber.P.df
General Tax Rate
3.2 ...,..------------------------3.103
3.065

3~---------------------~
2.79
2.8 -f-------------,

2.6

-t-------~---------------------

2.4-t--------::;tIF----------------------

2.2

-t----------------------------

2004

2005

2006

2007

2008

2009

2010

2011

2012

Tracking the tax bill of a house with the 2012

average assessed value of $318,336
Average Residential Tax Bill
10000
.,--

9827.97
9757

9500
4----------.-----------1

9000
4---------------.Q:,8.8;.1.::::51~:;;;;;;~----------

8500
4---------~-------------------

8000 4----------.,.,fIC-----------------------

7500
4--~'----------------------------

7000
4------,-------r---------,-------r----..,.-------------,------r--------,
2004

2005

2006

2007

2008

2009

2010

2011

2012

No Excuse for Lodi's Taxes

Borough Hall Bonding

At the July 16, 2013 council

meeting, the borough auditor
stated Lodi's gross debt is now
about $23,400,000.

The Lodi mayor and council bond

for millions right after they
introduce their budgets.

With this debt and excessive

bonding, there is no excuse for
these municipal tax increases.

Millions More in State Aid for

Lodi Schools
In the chart period above, Lodi
state aid increased from
$10,768,828 to $14,222,138.

http://www.state.nj.us/education/st
ateaidl
During the year with the largest
aid increase, the Lodi politicians
behaved as though they never
received it.

With millions more in state aid,

there is no excuse for these school
tax increases.