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Parsippany Introduces 2025 Municipal Budget: Record Surplus, Modest Tax Rate Increase, and Investment in Public Safety

Summary by Parsippany Focus
PARSIPPANY—The Parsippany-Troy Hills Township Council received the proposed 2025 Municipal Budget at its April 15 meeting. The budget outlines a financial plan focused on stability, growth, and maintaining essential services while responding to ongoing fiscal challenges. Record Surplus and Tax Base Growth This year’s budget reflects what officials describe as “unprecedented levels” of fiscal health. The Township’s surplus has […] The post Parsip…
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Parsippany Focus broke the news in on Thursday, April 17, 2025.
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