For Immediate Release:
April 14, 2022
County adopts $474 million budget for 2022
FREEHOLD, NJ – The Monmouth County Board of County
Commissioners has adopted the County’s $474,085,000 budget for 2022. The budget,
introduced on March 8, was adopted at the April 14 Commissioner Meeting.
“I am proud of the County’s 2022 Budget and happy to report
that there is no proposed tax increase,” said Commissioner Director Thomas A.
Arnone. “Over the last ten years, the County has been able to maintain or improve
services and minimize the overall tax impact on residents through several
important initiatives including privatization and shared services.”
Some of the major cost increases in the 2022 County Budget
include employee health benefits, state pension costs, gas and diesel fuel and
elections-related costs. Most of these costs have been offset by anticipated
increases in revenue for the County Clerk and Parks Department, surplus
generated by the successful privatization of the Reclamation Center and utilization
of federal funding for revenue replacement under the American Rescue Plan Act
(ARPA).
Over the last 12 years, the County’s budget has decreased
by nearly $20 million from a peak of $493.4 million in 2010 to the current $474
million spending plan in 2022.
“The Board continues to take a conservative approach to
budgeting and focus on long-term planning,” said Commissioner Nick DiRocco,
liaison to the Department of Finance. “The 2022 County Budget maintains and
improves vital County services, continues investment in County infrastructure
and other capital improvements and protects the County’s long standing Aaa Bond
Rating.”
The annual budget covers the cost of maintaining 1,000 lane
miles of roads, more than 900 bridges, 16,000 acres of County parks, emergency
management services, 911 emergency communications, law enforcement through the
Prosecutor’s and Sheriff’s offices, elections, deed recording and passport
services in the County Clerk’s Office, probates and adoptions through the
Surrogate’s office as well as numerous additional programs and benefits.
Copies of the County budget are available on the Monmouth
County website at www.visitmonmouth.com.
# # #