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Preserving Open Space
13 hours ago
A few weeks ago, Deputy Mayor Christine Madrid announced a new Shop Local Initiative that would provide credits towards local property taxes! See below for her column in the recent Montgomery News edition. As per Mayor Mark Conforti - "This is an innovative program that will support local businesses and reduce property taxes. I look forward to helping Christine turn her vision into reality".
Township Proudly Introduces New “Shop Montgomery”
Property Tax Reward Initiative
What if you could lower your property tax bill by buying a cup of coffee or picking up your dry cleaning right here in Montgomery? Soon . . . you can.
I have been working on this idea for the past year, but due to the negative impact that the new federal changes will have on the tax bill of many of our Township’s residents, now is the right time to implement the program.
Like everyone I struggle with taxes, and as an elected official it is my job to do to everything I can to ease the tax burden for Montgomery residents. While my first duty to the Township is to exercise fiscal responsibility, my “Shop Montgomery” initiative is another way for us to make that burden a little lighter.
Under the “Shop Montgomery” Property Tax Reward Program, Township residents will have an opportunity to save money on their property taxes while helping local dollars stay within our community. It’s a great new way to ensure that our local merchants thrive, that our community stays vibrant, and that our municipal tax base remains strong - all while reducing the tax burden on the residents of Montgomery.
The program is simple:
1. Register. “Shop Montgomery” cards will be distributed to residents who wish to enroll in the program. A website is provided for registration, as well as for information on participating local businesses and their tax reward offers.
2. Use. Present your “Shop Montgomery” reward card when purchasing an item or service from a participating business. So, if you spend $100 in a local restaurant offering a 10% reward, that’s a $10 credit to your property tax bill.
3. Save. The property tax rewards accrue in your account and are credited to your property tax bill at the end of the year. If you are a renter, work in the Township, or are just visiting Montgomery, you can register as well, and receive a check at the end of the year for your savings. With over 500 businesses in town, and more coming soon, the tax savings can really add up!
For participating merchants, the program will increase awareness and drive traffic to your business. Advertising will be provided on the program website, along with a link to your business website. You set the amount of reward you wish to offer- from 2 or 3 percent, up to 10 percent or more. Instead of a discount being applied at the point of sale, the reward amount will be forwarded through a web portal to the Township for credit on the patron’s property tax bill.
Building and supporting a strong local economy is key to creating a sustainable community, and I’m excited to collaborate with business and civic leaders to get the whole community involved in this effort. The “Shop Montgomery” program is designed to complement other great shop local initiatives that have already been successful in Montgomery. It is win-win, and I hope that everyone will support this new effort to create a more sustainable and business-friendly Montgomery.
Stay tuned for more details as we work to get “Shop Montgomery” up and running.
Deputy Mayor Christine Madrid ... See MoreSee Less
Love this program, it's going to help out a lot of businesses and residents! Great job Christine.