News of, for, and by the residents of Eastampton Township




                Fiscal Responsibility In Action

                        Fiscal Responsibility is paramount for anyone entrusted with public funds. Eastampton Township Council, under Democratic leadership, is not only one of the 
                        best run municipalities in Burlington County, but one of the best run municipalities in all of New Jersey. Democrats Nagler, Campbell and Springer will continue 
                        this policy of fiscal discipline. Republicans may lay claim to fiscal responsibility, but in Republican and non-partisan controlled towns in our region, large per
                        capita spending and large debt are driving their towns toward layoffs and fiscal instability.


                Municipal Budget:

                        In 2008, under Democrat leadership, your township council reduced the open space tax by about $54 dollars and your overall tax bill was reduced about $145
                        for the average homeowner.

                        While other towns were cutting services and laying off police officers, Eastampton’s sound fiscal foundation, laid by its Democrat leadership, enabled Eastampton 
                        to reduce municipal appropriations by about $330,000 while maintaining the security, safety and quality of life our residents have come to expect. The reduction 
                        in appropriations was in part achieved through shared services and the use of technology.

                        Nagler, Campbell and Springer will evaluate every opportunity to make your municipal government more efficient and cost effective including the use of shared
                        services for residential trash collection and selected departments where service will not be negatively impacted.

                        With less and less assistance from Washington and Trenton, every decision Nagler, Campbell and Springer make will be rooted in sound fiscal principles to ensure 
                        that the tax dollars coming out of your and their pockets are spent prudently.


                Per Capita Spending:

                        

                        According to some of the most recently available data from the Department of Community Affairs on this topic, Eastampton ranked 46th lowest out of 566 
                        municipalities in New Jersey in per capita spending. Eastampton spent about $642 per person, which is about 47% less than the state average of $1221. 
                        Eastampton has the 4th lowest per capital spending in Burlington County with towns that have a full time police department. (2005 data)

 

                Debt:

                      

                        If you have a mortgage, a car payment or make monthly credit card payments, you have debt.  How you manage that debt is essential to whether or not your 
                        house is under foreclosure, your car is repossessed or you default on your credit cards and ruin your credit rating, often times leading to bankruptcy. Recently, 
                        other local municipalities have had to resort to
double digit tax increases, the laying off of police officers and drastic cuts to public works and other municipal 
                        services, while amassing large amounts of debt for future generations.
 

                        However, Eastampton under Democrat leadership continues to be fiscally sound.  The 2007 data from the New Jersey Department of Community Affairs shows 
                        that Eastampton has the least debt of any of the 5 municipalities in the RV sending district.

                        

                        Debt service, that percent of your income that you pay in interest on your mortgage, car loans and credit cards, is about 18% for the average US household 
                        according to the Federal Reserve.  The debt service for Eastampton under Democrat leadership in 2008 is just 7.9%, less than half of that of the average
                        U.S.
household!







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