Boonton Township Adopts 2025 Budget with a

 Zero Municipal Tax Rate Increase

The Township of Boonton Year 2025 local budget has the same tax rate from Year 2021.

On April 15, 2025, the Mayor and Township Committee adopted its 2025 budget, which supports all municipal services and no tax increase on the local budget. Mayor Brian Honan stated that "Despite the cost-of-living increases that we have all faced over the past four years of 4 to 6% and the State health insurance cost increases of over 10%, the Governing Body has made effective fiscal decisions so that the Township can absorb the increase in cost-of-living and not have an impact on the local tax bill of the residents of the Township of Boonton".

The Township remains in the first quadrant of the lowest tax rate average tax bill within the County of Morris and yet other similarly situated rural communities in Morris County are in the fourth quadrant of the average local tax bill. 

Finance Committee Chairperson Thomas Donadio points out that "Other communities on the lower end of the average tax bill are communities with a significant amount of commercial ratables with development. This budget does not rely upon commercial ratables and development to sustain its budget”.

The budget provides the same level of essential services and preserves the rural character of the community that makes the Township unique.