Wednesday, April 1, 2020

Homestead Rebate Update


The Township has received the following information from the State:

In light of the unprecedented COVID-19 pandemic, the State has placed funding for Homestead Credits in reserve to meet  emergency and statutorily required obligations. As a result, eligible property owners will not see a credit to their taxes at this time.  While this State action is highly regrettable, it is deemed necessary due to the highly fluid and unanticipated fiscal impact of the COVID-19 event on Statewide revenues. Reissuance of the Homestead Benefit Credit will be revisited if conditions warrant it.