According to the Cranford BOE, the approximate tax impact for you specifically is determined by your total assessed value. Click here to find your specific tax assessment and then look for your range in the graphics below. You can also download the tables as a pdf here. You should not use this information as finalized tax information, but rather a helpful simplification of what BOE has released. Always check with your tax professional for tax related matters.
Graphics above provided for informational purposes only, onecranford.com does not have any official affiliation with the Township of Cranford.
Notes:
- The formula used is sourced directly from the BOE summary released on 12/17/18. [ Reimagining Cranford - Summary of Options Handout - 12/17/18, Page 7 ] "Based upon Average Assessment of Cranford Home ($183,303). To calculate your individual Tax Impact take your actual Home Assessed Value divided by $183,303 multiplied by Annual Proposed Tax Impact from each plan Example Home Assessed at $250,000/$183,303 X $267 = $364."
- "with Mandated busing" refers to the tax implications if the associated plan is chosen and provides busses for only those students that live more than 2 miles from their school. More info here about transportation https://www.nj.gov/education/genfo/faq/faq_transportation.shtml
- "with Courtesy busing" refers to the tax implications if the associated plan is chosen and provides busses for all students even if they don't live more than 2 miles from their school and aren't required to be transported. The BOE refers to transporting these students as "courtesy busing".
If you're a Cranford resident and haven't joined the #OneCranford Facebook group, you should check it out now. You'll find discussion around the Reimagining Cranford Schools proposals.
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