This Day In History: 1951-02-26
At the Township Board meeting the results of the property repayment were revealed by Alvin F. reuhl, Tax Assessor of Mahwah. Total property in the Town was set at $6,534,000 for 1951 as opposed to $5,224,000. and increase of $1,321,000. He projected that if the Township budget remained the same the tax rate would fall 7 cents to 3,93 per thousand. But since both the school and general expenses were expected to rise, the new tax rate would probably be about $4.61 per hundred.