The Union County tax levy has increased by $1,571,374 or 12% since 2014 and has trended downward recently decreasing by about 3% since 2018.
Since 2014 the Clark Schools tax levy has increased by $6,599,895 or about 22.4% which is in line with expected increases of about 2% per year.
Appropriations for legal services in Clark’s Municipal Budget have increased from $138,828 in 2014 to $450,000 in 2024. This is an increase of $311,172 or a 224% increase. The largest increase of 75.6% occurred in 2022.
The General Government Budget is the money used to run Clark’s government. This includes salaries, legal costs, etc. This cost has increased by $1,018,761 since 2014, a 77.42% increase. The largest increase of 19.53% occurred in 2020.
What Is the Library Tax? The library tax is a portion of the municipal budget specifically allocated to fund the town’s public library. In 1985, the New Jersey Legislature enacted a law that required municipalities with established public libraries to allocate a minimum amount of funding for library services. By establishing a separate, dedicated tax […]
Clark’s Municipal Tax Levy has increased by $5,802,442 since 2014: a 39.4% increase. If the increases were 2% per year the increase would be $3,580,250.00 or 24.3%. The biggest increase was 11% in 2023.