1. 2017 Calendar Year Budget Presentation
May 15, 2017

2. Borough of Woodcliff Lake
Breakdown of Revenues
Borough of Woodcliff Lake

3. Borough of Woodcliff Lake
2017 Revenues as a % of Total
Borough of Woodcliff Lake

4. Borough of Woodcliff Lake
Tax Levy CAP
2017 Amount to be Raised by Taxation
(Increase of 2.30% or $218,870)
$ 9,755,108
2016 Amount Raised by Taxation
$ 9,536,238
*Maximum permitted to be Raised by Taxation
$10,167,501
Amount below CAP
$ 412,393
* Includes CAP Banks
Borough of Woodcliff Lake

5. Borough of Woodcliff Lake
Breakdown of Expenses
Borough of Woodcliff Lake

6. 2017 Appropriations as a % of Total
Borough of Woodcliff Lake

7. Borough of Woodcliff Lake
Appropriation CAP
2017 Current Budget CAP Spending
(Increase of 3.41% or $313,466)
2016 Previous Budget CAP Spending
*Maximum permitted CAP Spending
Includes CAP Bank
$9,498,006
$9,184,540
$9,850,019
Amount below CAP
$352,013
Borough of Woodcliff Lake

8. History of Tax Rate Apportionment
Borough of Woodcliff Lake

9. Where Your Tax Dollar Goes 2017
Municipal
School
County
24¢
64¢
12¢
Borough of Woodcliff Lake

10. Change in Assessed Value
Effect on Municipal Portion of Tax Bill – Average Residential Home*
Proposed
Actual
2017
2016
Increase
$ 3,641
$ 3,606
$ 35
* 2017 and 2016 Average Residential Home Value - $740,000 and $727,000, excludes municipal open space.
Borough of Woodcliff Lake