Randolph Council approves $40.2 million budget, raises tax rate
Randolph approves $40.2 million budget with 7.83 percent tax increase. The Township Council unanimously advanced the 2026 municipal budget, proposing appropriations of $40,220,942, a 6.72 percent increase over 2025. The municipal tax rate will rise to $0.537 per $100 of assessed valuation from
Township Council · Meeting of March 19, 2026
NJ RANDOLPH — Randolph approves $40.2 million budget with 7.83 percent tax increase. The Township Council unanimously advanced the 2026 municipal budget, proposing appropriations of $40,220,942, a 6.72 percent increase over 2025. The municipal tax rate will rise to $0.537 per $100 of assessed valuation from $0.498, raising the annual tax on the average assessed home by $199.68.
The total tax-bill increase including county and school taxes is projected at $404.65, or 2.80 percent, driven primarily by insurance, salaries and wages, capital improvements, pensions, and solid waste collection. The public hearing and adoption are scheduled for April 7.
In the full story:
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Source: the Township Council meeting of March 19, 2026, compiled from the official minutes.
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