Fact: On March 1, 2006, the Bergen County Board of Taxation officially notified Village officials of the need to perform a complete tax revaluation.
Fact: On April 19, 2006, Ridgewood’s 2006 Municipal Budget was publicly introduced. Professional services fees associated with the aforementioned mandated tax revaluation were not included in the budget.
Fact: The 2006 Ridgewood Municipal Election was held on Tuesday, May 9. Incumbents David T. Pfund and Patrick A. Mancuso were reelected to office.
Fact: On August 9, 2006, Council members voted unanimously to introduce Ordinance # 3018, a “Special Emergency Appropriation” in the amount of $580,000, for “the preparation and execution of a complete program of revaluation of real property in the Village of Ridgewood.”
Yes; that’s right – $580K. The public hearing for this ordinance is scheduled to take place on Wednesday, September 13, 2006.
Question: If Mayor Pfund and Village Council members knew about the required tax revaluation on March 1, 2006, which they did, why weren’t estimated expenses for engaging a revaluation firm included in the 2006 Municipal Budget?