Taxes and budget
Bridgewater's 2026 budget and property taxes
The Council adopted a $54.9 million 2026 municipal budget 4-0 on May 7, 2026. The 2026 general tax rate is 1.820 per $100 of assessed value, of which 0.245 is for municipal purposes; the amount raised for municipal purposes rose 9.96%, to $30.7 million.
What happens next
The 2027 budget is the next step. For 2026 the Mayor committed to a draft by the February 10 statutory deadline; the budget was introduced in April and adopted after a public hearing in May. Residents can speak in public comment at any Township Council meeting; the next regular meeting is Nov. 5, 2026.
A Bridgewater property tax bill pays for several governments. In 2026 the general tax rate is 1.820 per $100 of assessed value: 1.221 for the Bridgewater-Raritan Regional School District, 0.285 for the County, 0.038 for the county library, 0.031 for county open space and 0.245 for the Township’s own budget. Each property also pays its fire district’s rate (0.023 to 0.063 in 2026). The Township Council and Mayor set only the municipal part.
The 2026 budget. The Council introduced the budget 5-0 on April 9, 2026: Current Fund $54,903,722.86 and Sewer Fund $13,924,398.82. After a public hearing on May 7, it amended the budget (Res. #26-05-07-120) and adopted it 4-0 (Res. #26-05-07-122; Bucko, Kirsh, Ring and Geiger aye, Isla absent). Administrator Michael Pappas said the main cost drivers were healthcare, pensions, fuel, snow removal and other mandated expenses, and that health insurance rose about 18%. Council President Joan Geiger estimated an increase of about $13 a month for a typical home.
On the tax bill. The County abstract shows $30,698,691.09 raised for municipal purposes in 2026, up from $27,919,183.06 in 2025 (9.96%). The municipal rate moved only from 0.244 to 0.245 because the township’s net taxable value rose 9.57%, to $12.54 billion. The total general rate fell from 1.902 to 1.820, mainly because the school rate fell from 1.294 to 1.221.
Borrowing and audits. On July 9 the Council adopted three bond ordinances (radios, roads and drainage) appropriating $8,605,000 in all. The 2025 audit was certified on July 23 with one recommendation, about snow-removal overtime. The explainer covers each step, the debt figures given at meetings and where the records differ.
What residents can do. Speak at the budget hearing or in public comment at any Council meeting; read the budget documents on the township’s Municipal Finance page (LocalWhy has not yet reviewed them); and ask the Tax Assessor about an assessment. Corrections to this page can be emailed to info@localwhy.org.
Timeline
- Resolved Temporary budget raised to $21.7 million, 5-0The Council adopted a 2026 temporary Current Fund budget of $21,736,006.64, amended up from the proposed $20,160,000, after the Mayor committed to deliver a draft budget by the February 10 statutory deadline (Res. #26-01-08-028, 5-0).
- Resolved $54.9 million 2026 budget introduced, 5-0The Council introduced the 2026 municipal budget, Current Fund $54,903,722.86 and Sewer Fund $13,924,398.82, 5-0 (Res. #26-04-09-110). The Administrator put the proposed municipal rate at 0.2448 per $100, up from 0.2440, and set the hearing for May 7.
- Resolved Cap bank ordinance #26-06 adopted, 4-0The Council adopted Ordinance #26-06, the calendar year 2026 ordinance to exceed the municipal budget appropriation limits and establish a cap bank, 4-0 with Council President Geiger absent. No one spoke at the hearing.
- Resolved 2026 budget adopted, 4-0After amending it and holding the public hearing, the Council adopted the 2026 municipal budget 4-0 (Res. #26-05-07-122), Councilwoman Isla absent. Council President Geiger estimated an increase of about $13 a month for a typical home.
- Resolved Radio bond Ordinance #26-10 adopted, 5-0After a public hearing, the Council adopted Ordinance #26-10, appropriating $4,205,000 for emergency radio systems for police, emergency management, fire districts, EMS and Public Works and authorizing $3,994,750 in bonds or notes, 5-0.
- Resolved 2025 audit certified; notes sold at 2.6940%The Council certified the 2025 municipal audit and approved its corrective action plan, 5-0 (Res. #26-07-23-173 and -174). Its one recommendation concerned snow-removal overtime. The Administrator reported that JP Morgan won the note sale at 2.6940%.
Explainers
Documents
Township Council minutes, October 1, 2026: health benefits and quitclaim ordinances introduced
Somerset County Board of Taxation: 2026 Abstract of Ratables
Township Council minutes, September 17, 2026: Motorola radio contract
Township Council minutes, July 23, 2026: 2025 audit certified; data center questions
Bridgewater-Raritan Regional School District: 2026-27 User Friendly Budget
Ordinance #26-10: bond ordinance, $4,205,000 for emergency radio communications systems
Ordinance #26-11: $1,900,000 bond ordinance for road improvements
Ordinance #26-12: $2,500,000 bond ordinance for drainage improvements
Township Council minutes, July 9, 2026: bond ordinances #26-10 to #26-12 adopted
Township Council minutes, June 25, 2026: radio, road and drainage bonds introduced
Township Council minutes, June 4, 2026: Trees for Tomorrow and Starbucks agreement
Township Council minutes, May 18, 2026: Whitney Court and temporary parking ordinances adopted
Township Council minutes, May 7, 2026: 2026 budget adopted
Ordinance #26-06: 2026 ordinance to exceed the budget appropriation limits and establish a cap bank
Township Council minutes, April 23, 2026: cap bank and snow ordinance adopted
Township Council minutes, April 9, 2026: 2026 budget introduced
Township Council minutes, March 19, 2026: Water Bank note and Municipal Alliance vote
Township Council minutes, March 5, 2026: Fourth Round ordinances #26-01 to #26-04 adopted
Township Council minutes, January 22, 2026: professional appointments and Bridgewater Commons amendment
Township Council minutes, January 8, 2026: Board of Adjustment appointments and temporary budget
Somerset County Board of Taxation: 2025 Abstract of Ratables
Meetings
- Township Council — October 1, 2026
- Township Council — September 17, 2026
- Township Council — July 23, 2026
- Township Council — July 9, 2026
- Township Council — June 25, 2026
- Township Council — June 4, 2026
- Township Council — May 18, 2026
- Township Council — May 7, 2026
- Township Council — April 23, 2026
- Township Council — April 9, 2026
- Township Council — March 19, 2026
- Township Council — March 5, 2026
- Township Council — January 22, 2026
- Township Council — January 8, 2026
- Township Council — December 17, 2025
- Township Council — December 3, 2025
- Township Council — November 6, 2025
Sources for this overview
- Township Council minutes, April 9, 2026 (budget introduced)
- Township Council minutes, May 7, 2026 (budget hearing and adoption)
- Somerset County Board of Taxation, 2026 Abstract of Ratables (NJ Treasury)
- Somerset County Board of Taxation, 2025 Abstract of Ratables (NJ Treasury)
- Township Council minutes, July 23, 2026 (2025 audit certified; note sale)