Understanding the Tax Rate
Willingboro Township's total tax rate consists of three separate and autonomous entities:
- Willingboro School District
- Township of Willingboro
- Burlington County
Willingboro School District:
This budget is created by the Board of Education and voted on by the community.
Township of Willingboro:
The five-member Township Council constructs the budget, publishes a synopsis in the newspaper and then votes on it after two public hearings.
the Board of Chosen Freeholders compiles the budget. Your County budget appears on the tax bill broken down as follows:
County tax $0.348
Cty Farmland/Open Space tax $0.045
Burlington County Board of Taxation
Each budget is submitted to the Burlington County Board of Taxation, who compiles the three budgets together and divides that total by the total assessed value of the municipality.
The rate is based on each $100.00 of assessed value.
If you own a home with the an assessed value of $159,000.00, and the tax rate is $0.3201 then your taxes would be $5,089.59.
Calculation: $159,000.00 X $.03201 = $5,089.59
In 2010 the tax would have been distributed as follows:
- School District $2,213.46; (43.49%)
- County Agencies $625.00; (12.28%)
- Township $2251.13; (44.23%)