Friday, March 23, 2007

Hopewell Township

This is the Hopewell Township example, it was preceeded by the Pennington Example, and will be followed by the Hopewell Borough example. In each example, the family will remain constant:

Valuation of home: $549,400 (Avg. Assessment)
Number of students: 2, one in middle school, other in high school
Location: Inside the Hazardous Busing region

So, lets look at Hopewell Township:

2006 Taxes paid: $6,188
2006 Activities Fees: $0 (included in 2006 taxes)
2006 Busing Fees: $0 (included in 2006 taxes)
2006 Total Taxes & Fees: $6,188

2007 Taxes (est.): $6,153 ($35 decrease, both proposals approved)
2007 Activities Fees: $150 (100% increase)
2007 Busing Fees: $300 (100% increase)
2007 Total Taxes & Fees (est.): $6,603 (6.7% increase)

A 6.7% increase in out-of-pocket costs for a family with two students seems quite high for the same level of services. Of course, the Busing and Activity Fees are optional, but many consider the services they fund essential.

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