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14% property tax increase proposed for Red Bank residents

Summary by Local 3 News
Red Bank residents may face a 14% property tax increase to fund key community projects including facilities maintenance, a new loan, the former middle school site, and park improvements, with a proposed tax rate rising from $1.13 to $1.29. The budget proposal hearings begin May 19 for council review.

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Local 3 News broke the news on Wednesday, May 13, 2026.
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