| Middletown Board of Education | ||||||
| School Tax Rate Analysis | ||||||
| School Tax | Final Increase | Total School Tax For | Annual Increase For | Budget | Tax Increase Per | |
| Year | Rate (per $100) | (Cents Per $100) | $200,000 Assessment | $200,000 Assessment | Pass / Fail | Ballot (If Failed) |
| 1991-1992 | $1.142 | $2,284 | ||||
| 1992-1993 | 1.214 | $0.072 | 2,428 | $144 | Fail | Unknown |
| 1993-1994 | 1.286 | 0.072 | 2,572 | 144 | Fail | Unknown |
| 1994-1995 | 1.356 | 0.070 | 2,712 | 140 | Fail | Unknown |
| 1995-1996 | 1.441 | 0.085 | 2,882 | 170 | Fail | Unknown |
| 1996-1997 | 1.527 | 0.086 | 3,054 | 172 | Pass | N/A |
| 1997-1998 | 1.557 | 0.030 | 3,114 | 60 | Pass | N/A |
| 1998-1999 | 1.575 | 0.018 | 3,150 | 36 | Pass | N/A |
| 1999-2000 | 1.589 | 0.014 | 3,178 | 28 | Pass | N/A |
| 2000-2001 | 1.750 | 0.161 | 3,500 | 322 | Fail | $0.167 |
| 2001-2002 | 1.789 | 0.039 | 3,578 | 78 | Fail | $0.063 |
| 2002-2003 | 1.938 | 0.149 | 3,876 | 298 | Pass | N/A |
| 2003-2004 | 1.996 | 0.058 | 3,992 | 116 | Pass | N/A |
| 2004-2005 | $2.090 | $0.094 | $4,180 | $188 | ||
| Note: Tax rates derived from the Monmouth County Board | ||||||
| of Taxation's certified schedule of tax rates | ||||||