TOWNSHIP OF JACKSON RESOLUTION 166-2026

AUTHORIZING THE ISSUANCE OF ESTIMATED TAX BILLS

WHEREAS, it is anticipated that the Township of Jackson (hereinafter, the “Township”) will not be able to issue property tax bills in advance of the third quarter taxes due on August 1, 2026, and;

WHEREAS, in accordance with Chapter 72, P.L. 1994, the Township has the authority to prepare and issue estimated tax bills; and,

WHEREAS, in order for the Township to meet its financial obligations, maintain the tax collection rate, provide uniformity for tax payments and save the unnecessary cost of interest expenses on borrowing, the Mayor and Council of the Township find it to be within the best interests of the Township to issue estimated tax bills; and,

WHEREAS, the Tax Collector and Chief Financial Officer of the Borough have reviewed and computed an estimated levy in accordance with N.J.S.A. 54:4-66.3 and recommend formal authorizing action by the Governing Body.

NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Township of Jackson, County of Ocean, State of New Jersey as follows:

  1. The Tax Collector is hereby authorized to take all steps necessary to send out estimated bills for the third quarter of 2026
  2. The entire estimated levies for 2026 are hereby
  3. All levies excluding Special Districts $207,773,723.12
  4. Fire District #1 $4,168,741.96
  5. Fire District #2 $6,120,664.12
  6. Fire District #3 $4,539,318.21
  7. The estimated tax rate (based on the estimated levy) is hereby set at
  8. All levies excluding Special Districts $1.437 per $100 of assessed value
  9. Fire District #1 .094 per $100 of assessed value
  10. Fire District #2 .120 per $100 of assessed value
  11. Fire District #3 .094 per $100 of assessed value